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Assume the following: Sales = $400M; Net Income = $60M; TA = $350M; and there is $0.50 in total debt per dollar of total equity. According to the DuPont framework, ROE would be approximately_______? A.
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Assume the following: Sales = $400M; Net Income = $60M; TA = $350M; and there is $0.50 in total debt per dollar of total equity. According to the DuPont framework, ROE would be approximately_______?

A. 15%
B. 19%
C. 22%
D. 26%

User MGPJ
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Answer:

D

Step-by-step explanation:

User Drewm
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