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Click here to read the eBook: Potential Misuses of Roe DUPONT AND ROE A firm has a profit margin of 5% and an equity multiplier

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Click here to read the eBook: Potential Misuses of Roe DUPONT AND ROE A firm has a profit margin of 5% and an equity multiplier of 2.1. Its sales are $400 million, and it has total assets of $120 million. What is its ROE? Do not round intermediate calculations. Round your answer to two decimal places. %

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