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Barrett, Inc., has a total debt ratio of .65, total debt of $353,000, and net income of $20,750. What is the companys return on equity?

Barrett, Inc., has a total debt ratio of .65, total debt of $353,000, and net income of $20,750. What is the companys return on equity? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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