Use the following data from Delta's common size financial statement to answer the question:
A. 9.6%.B. 18.0%.C. 5.0%.
Net income after taxes = 300 × 0.18 = 54Equity = 1400 × 0.40 = 560ROE = Net Income / Equity = 54 / 560 = 0.0964 = 9.6%
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