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Baugh & Essary has net income of $157,200, sales of $948,800, a capital intensity ratio of 1.54, and an equity multiplier of 1.4. What is

Baugh & Essary has net income of $157,200, sales of $948,800, a capital intensity ratio of 1.54, and an equity multiplier of 1.4. What is the return on equity?

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