Calculate ROE Given the Following Information A)2133%
B)20

Calculate ROE given the following information: $$\begin{array}{l}\begin{array} { | l | c | c | } \hline\text { Data: }\\\hline \text { Internal Growth Rate } & = & 5.50 \% \\\hline \text { Plowback Ratio } & = & 40.00 \% \\\hline \text { Equity/Assets } & = & 75.00 \% \\\hline\end{array}\end{array}$$

A) 21.33%
B) 20.33%
C) 19.33%
D) 18.33%

Correct Answer:

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