Question: Calculate the return on equity (ROE) for Alphabet Inc. using the following data: Net Income: $500,000,000 Shareholders' Equity: $3,000,000,000 Utilize the ROE formula to find

Calculate the return on equity (ROE) for Alphabet Inc. using the following data:

  • Net Income: $500,000,000
  • Shareholders' Equity: $3,000,000,000

Utilize the ROE formula to find the result. 

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