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  3. the peach pit, a restaurant, has net income of $25

The Peach Pit, a restaurant, has Net Income of $25,000, Sales of $55,000, Assets of...

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Accounting

The Peach Pit, a restaurant, has Net Income of $25,000, Sales of $55,000, Assets of $115,000, and no debt. What is their ROE?

1) 21.7%

2)4.29%

3) 2.17%

4) 42.9%

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