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6. Problem 4.06 Click here to read the eBook: Potential Misuses of Roe DUPONT AND ROE A firm has a profit margin of 2.5% and

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6. Problem 4.06 Click here to read the eBook: Potential Misuses of Roe DUPONT AND ROE A firm has a profit margin of 2.5% and an equity multiplier of 2.2. Its sales are $310 million, and it has total assets of $155 million. What is its ROE? Do not round intermediate calculations. Round your answer to two decimal places. %

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