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Blu Inc. has profit margin of 4%, total assets turnover ratio of 1.5 , and total assets to total equity ratio of 3.0, what is

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Blu Inc. has profit margin of 4%, total assets turnover ratio of 1.5 , and total assets to total equity ratio of 3.0, what is the company's ROE? Enter your answers as a percentage rounded to 2 decimal places. For example, enter 8.43(%) instead of 0.0843 . Your Answer: Answer Hide hint for Question 13 Dupont equation: ROE= profit margin*total assets turnover equity multiplier

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