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Assume the Following Data: EBIT = 400; Net Income =

Question 35

Multiple Choice

Assume the following data: EBIT = 400; Net income = 100; Equity = 1,000. Calculate the ROE (return on equity) .

A) 10.0 percent
B) 12.0 percent
C) 7.5 percent
D) 30.0 percent

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