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A firm has a tax burden ratio of 0.7, a leverage ratio of 1.45, an interest burden of 0.6, and a return on sales of

A firm has a tax burden ratio of 0.7, a leverage ratio of 1.45, an interest burden of 0.6, and a return on sales of 10%. The firm generates $2 in sales per dollar of assets. What is the firm's ROE? (Do not round intermediate calculations. Round your answer to 2 decimal place.)

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