Devon Manufacturing, Inc The following information is available for Devon Manufacturing for the year ended December 31, 2012: Net income $ 844,200 Net sales 6,809,000 Total assets 5,911,000 Total stockholders' equity 2,575,000 Refer to Devon Manufacturing, Inc DuPont analysis return on equity (ROE) for Devon is:
A) 32.78%.
B) 34.51%.
C) 35.48%.
D) 38.69%.
A
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