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Assume company x has a net profit margin of 0 . 0 6 , a total asset turnover of 2 . 3 0 , and

Assume company x has a net profit margin of 0.06, a total asset turnover of 2.30, and total assets of $3.913 million. If the firm had a equity/assets ratio of 0.30(this is the proportion of total equity out of total assets), what would its ROE be?
0.460
0.120
0.041
0.060
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