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Billy Bob Corp has a profit margin (income to sales) of 2.2%. Sales-to-assets measures a ratio of 5x. The capital structure of BBC is 40%

Billy Bob Corp has a profit margin (income to sales) of 2.2%. Sales-to-assets measures a ratio of 5x. The capital structure of BBC is 40% debt & 60% equity. What is BBC's return on equity?

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