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A firm has a tax burden ratio of 0.6, a leverage ratio of 1.65, an interest burden of 0.7, and a return on sales of
A firm has a tax burden ratio of 0.6, a leverage ratio of 1.65, an interest burden of 0.7, and a return on sales of 10%. The firm generates $3 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 Use the DuPont system and the following data to find return on equity. (Do not round intermediate calculations. Round your answer to 1 decimal place.) Leverage ratio Total asset turnover Net profit margin Dividend payout ratio 2.3 2.1 5.6% 32.08 Return on equity %
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