Last year def corporation had sales of 315000 net income of


Last year, DEF Corporation had sales of $315,000, net income of $17,832, and year-end total assets of $210,000. The firm's debt-to-assets ratio was 42.5%. What was DEF's Corp.'s Return on Equity (ROE)?

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Financial Management: Last year def corporation had sales of 315000 net income of
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