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Last year Vaughn Corp.had sales of $315,000 and a net income of $17,832,and its year-end assets were $210,000.The firm's total-debt-to-total-assets ratio was 42.5%.Based on the Du Pont equation,what was Vaughn's ROE?
Complement
A good or service that is used in conjunction with another good or service, often enhancing the value or use of the primary product.
Quantity Demanded
The total amount of a good or service that consumers are willing and able to purchase at a given price within a specified time period.
Coca-Cola
A multinational beverage corporation known for its flagship product, a carbonated soft drink.
Pepsi
A carbonated soft drink produced and manufactured by PepsiCo, serving as a major competitor in the global beverage market.
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