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XYZ Co's total common equity at the end of the year was $385,000 and its net income was $54,000. What was its ROE? 14.0% 7.13%

XYZ Co's total common equity at the end of the year was $385,000 and its net income was $54,000. What was its ROE? 14.0% 7.13% 10.5% 15.3%

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