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Business, 19.02.2021 02:30 ma870640

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 30%. Based on the DuPont equation, what was Vaughn's ROE? Select the correct answer. a. 13.39% b. 12.13% c. 12.55% d. 13.81% e. 12.97%

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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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