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DuPont and Roe A firm has a profit margin of 4.5% and an equity multiplier of 1.4. Its sales are $370 million, and it has

DuPont and Roe

A firm has a profit margin of 4.5% and an equity multiplier of 1.4. Its sales are $370 million, and it has total assets of $185 million. What is its ROE? Round your answer to two decimal places.

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