Question: q12 12. Zero Corp's total common equity at the end of last year was $405,000 and its net income was $70,000. What was its ROE?

q12

q12 12. Zero Corp's total common equity at the end of last

12. Zero Corp's total common equity at the end of last year was $405,000 and its net income was $70,000. What was its ROE? a. 14.82% b. 15.60% c. 16.42% d. 17.28% e. I 8.5%

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