Question: 19 Ratio Analysis: Based on the following information from Big Dolla Bank, what is the ROE for the year 2023? Year-end 2023: Net Income

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19 Ratio Analysis: Based on the following information from Big Dolla Bank, what is the ROE for the year 2023? Year-end 2023: Net Income = $300,000 Total Debt = $2.3 million Debt Ratio = 40% (Do not round intermediate calculations. Input your final answer as a percent. Round your answer to 2 decimal places. (e.g., 32.16). Do not input a percent sign with your answer.)

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