13. A firm has an operating profit margin (EBIT/S) of 11%; an asset turnover (S/A) of 1.2; a financial leverage multiplier (A/E) of 1.5 times; an average tax rate of 35%; and an interest expense rate (I/A) of 4%. Which of the following numbers is closest to Paragon's return on equity? a) 0.09 b) 0.10 c) 0.11 d) 0.12