Business, 21.05.2021 17:30 bdMack932

Last year Harrington Inc. had sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firm's total- debt-to-total-assets ratio was 25.0%. Based on the DuPont equation, what was the ROE? a. 11.55%
b.9.63%
c. 10.23%
d. 10.34%
e. 10.13%

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Last year Harrington Inc. had sales of $325,000 and a net income of $19,000, and its year-end assets...

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