Question 20 CCC Inc. had sales of $325,000 and a net income of $26,500, and...
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Question 20 CCC Inc. had sales of $325,000 and a net income of $26,500, and its year-end assets were $250,000. The firm's total-debt-to-asset ratio was 12.5%. Based on the DuPont equation, what was the ROE? Do not round your intermediate O a.9.27% O b. 10.29% Oc 13.45% O d. 11.20% O e. 12.11% lculations 
vietve 4ta115
Question 20 CCC Inc. had sales of $325,000 and a net income of $26,500, and its year-end assets were $250,000. The firm's total-debt-to-asset ratio was 12.5%. Based on the DuPont equation, what was the ROE? Do not round your intermediate O a.9.27% O b. 10.29% Oc 13.45% O d. 11.20% O e. 12.11% lculations
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