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Total assets of Company C are $4 million and Sales are $1.5 million for 2019 year. During the year end, the company makes a net

Total assets of Company C are $4 million and Sales are $1.5 million for 2019 year. During the year end, the company makes a net income of $320,000 and its shareholders' equity of $600,000. Calculate ROE (Du-Pont Equation) of Company C.

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