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Last Year Harrington Inc

question 81

Multiple Choice

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-capital ratio was 47.5%.The firm finances using only debt and common equity,and its total assets equal total invested capital.Based on the DuPont equation,what was the ROE? Do not round your intermediate calculations.

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Definitions:

Stress

A physical or emotional response to external or internal pressures, often leading to various health issues if prolonged.

Alzheimer's Caregivers

Individuals who provide care and support for someone living with Alzheimer's disease, often involving managing symptoms and providing emotional support.

Immune Functioning

Refers to the activities and mechanisms through which the immune system identifies and defends against pathogens and other foreign substances.

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Extended periods required for the body to recover and repair after injury or surgery compared to average recovery times.