
Explanation:
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Q.2554 The total assets of a company amount to $30,000,000 while its liabilities aggregate to $25,000,000. If the net income of the company for 2017 is $3,000,000, then the return on equity (ROE) of the company for 2017 is closest to:
A
10%
B
60%
C
5.45%
D
12%
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