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9. Problem 4.06 (DUPONT and ROE) eBook Problem Walk-Through A firm has a profit margin of 5.5% and an equity multiplier of 1.4. Its sales

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9. Problem 4.06 (DUPONT and ROE) eBook Problem Walk-Through A firm has a profit margin of 5.5% and an equity multiplier of 1.4. Its sales are $450 million, and it has total assets of $180 million. What is its ROE? Do not round intermediate calculations. Round your answer to two decimal places. %

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