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Henderson's Hardware has a ROA of 18%, a profit margin of 9% and a ROE of 25%. What is its equity multiplier? Enter the number

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Henderson's Hardware has a ROA of 18%, a profit margin of 9% and a ROE of 25%. What is its equity multiplier? Enter the number without putting the times (x) symbol next to it. Round your final answer to 2 decimal places. To be marked correct, the answer provided needs to be +/0.1 from the actual

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