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A firm has a tax burden ratio of 0.65, a leverage ratio of 1.7, an interest burden of 0.8, and a return on sales of

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A firm has a tax burden ratio of 0.65, a leverage ratio of 1.7, an interest burden of 0.8, and a return on sales of 11%. 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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