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2 points A firm has a debt-equity ratio of 20%. The total asset turnover is 135 and the profit margin is 12%. The total equity

2 points A firm has a debt-equity ratio of 20%. The total asset turnover is 135 and the profit margin is 12%. The total equity is $4,000. What is the firms ROE? Express your answer as a percentage to 2 decimal places without the sign

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