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Baugh & Essary has net income of $151,400, sales of $940,100, a capital intensity ratio of 0.96, and an equity multiplier of 1.7. What is
Baugh & Essary has net income of $151,400, sales of $940,100, a capital intensity ratio of 0.96, and an equity multiplier of 1.7. What is the return on equity?
ROE =
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