Given the following information, calculate Return on Equity (ROE).

Net Profit Margin Ratio	5.35%
Avg. Total Assets-to-Avg. Total Equity (financial leverage)	3.50
Asset Turnover	1.16

NOTE: Round your answer to three decimal places.

multiple choice

• 21.721%

• 18.725%

• 4.060%

• 6.206%