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Business, 20.01.2020 23:31 ItsNataly101

Nikko corp.'s total common equity at the end of last year was $305,000 and its net income after taxes was $60,000. what was its roe?

a. 16.87%
b. 17.75%
c. 18.69%
d. 19.67%
e. 20.66%

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