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Coco and Melon (Pty) Ltd earned a net profit of R6 400 000 for the past financia...
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Coco and Melon (Pty) Ltd earned a net profit of R6 400 000 for the past financial year. The company's total assets amount to R56 000 000 and the shareholders’ equity amounts to R50 000 000. What was the company's return on equity (ROE) closest to?
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