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A firm has a tax burden foto of 0.8, a leverage ratio of 12, an interest burden of 06, and a return on sales of

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A firm has a tax burden foto of 0.8, a leverage ratio of 12, an interest burden of 06, and a return on sales of 9%. The firm generates $2,5 in sales per dollar of assets. What is the firm's ROE? (Do not round Intermediate calculations, Round your answer to 2 decimal place.) ROE

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