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Bryley, Inc. earned a net profit margin of 5.4 percent last year and had an equity multiplier of 3.16. If its total assets are $98
Bryley, Inc. earned a net profit margin of 5.4 percent last year and had an equity multiplier of 3.16. If its total assets are $98 million and its sales are $150 million, what is the firm's return on equity? The company's return on equity is %. (Round to one decimal place.)
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