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A firm has a tax burden of 0.7, a leverage ratio of 1.3, an interest burden of 0.8, and a return-on- sales ratio (operating profit

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A firm has a tax burden of 0.7, a leverage ratio of 1.3, an interest burden of 0.8, and a return-on- sales ratio (operating profit margin) of 10 percent. The firm generates $2.28 in sales per dollar of assets. What is the firm's ROE? 14.5% 16.6% 12.4% 1789

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