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Zero Corp's total common equity at the end of last year was $350,000 and its net income was $70,000. What was its ROE? a. 17.40%

Zero Corp's total common equity at the end of last year was $350,000 and its net income was $70,000. What was its ROE?

a. 17.40%

b. 17.00%

c. 24.20%

d. 19.40%

e. 20.00%

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