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The Destin Company reported net income of $69,000 on sales of $490,000. The company has total assets of $785,000 and total liabilities of $290,000. What

The Destin Company reported net income of $69,000 on sales of $490,000. The company has total assets of $785,000 and total liabilities of $290,000. What is the company's return on equity ratio? (Round your final answer to 2 decimal places.)

A. 13.94%

B. 23.79%

C. 14.08%

D. 8.79%

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