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Acme Inc had a total assets turnover of 1.45, an equity multiplier of 1.75, and net income of $10,600 on $295,000 of sales. Calculate the
Acme Inc had a total assets turnover of 1.45, an equity multiplier of 1.75, and net income of $10,600 on $295,000 of sales. Calculate the return on equity:
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