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Bate industries has a quick ratio of 1.3, net profit margin of 6%, inventory turnover of 2.8, total asset turnover of 1.5, accounts turnover of

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Bate industries has a quick ratio of 1.3, net profit margin of 6%, inventory turnover of 2.8, total asset turnover of 1.5, accounts turnover of 2.2, a debt to equity ratio of 1.1 and its PE ratio if 18. Compute ROE

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