Business, 08.02.2021 22:00 BrianaK2137

Last year Vaughn Corp. had sales of $315,000 and a net income of $17,832, and its year-end assets were $210,000. The firm's total-debt-to-total-assets ratio was 35%. Based on the DuPont equation, what was Vaughn's ROE? Select the correct answer. a. 13.41% b. 13.76% c. 13.06% d. 14.11% e. 12.71%

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Last year Vaughn Corp. had sales of $315,000 and a net income of $17,832, and its year-end assets we...

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