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Calculate the return on equity (ROE) for a company that has a net profit margin of 4.1%, a total debt to total assets ratio of

  1. Calculate the return on equity (ROE) for a company that has a net profit margin of 4.1%, a total debt to total assets ratio of 38%, and a total assets turnover of 2.75. (Show your work)
    1. 28.67%
    2. 18.18%
    3. 4.28%
    4. 11.27%

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