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A corporate finance question, please provide detailed explanation and example. DuPONT AND ROE A firm has a profit margin of 3% and an equity multiplier

A corporate finance question, please provide detailed explanation and example.

DuPONT AND ROE A firm has a profit margin of 3% and an equity multiplier of 1.9. Its sales are $150 million, and it has total assets of $60 million. What is its ROE?

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