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A company has total asset turnover of 2.5, return on sales of 5.23%, a financial leverage ratio of 1.7, and fixed asset turnover of 3.4.

A company has total asset turnover of 2.5, return on sales of 5.23%, a financial leverage ratio of 1.7, and fixed asset turnover of 3.4. What is return on equity? 30.23% 22.23% 19.77% 15.38%

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