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175 points Problem 3-7 DuPont Identity LO 3] Phone, inc., has an equity multiplier of 1.42, total asset tunover of 1.56, and a profit margin

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175 points Problem 3-7 DuPont Identity LO 3] Phone, inc., has an equity multiplier of 1.42, total asset tunover of 1.56, and a profit margin of 9 percent What is the company's ROE? (D0 not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g. 32.16. ROE References Worksheet Problem 3-7 DuPont identity ILO 3)

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