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If a firms net profit margin is 14.5%, asset turnover is 1.2, and the debt ratio is 0.45, what is the firms return on equity
If a firms net profit margin is 14.5%, asset turnover is 1.2, and the debt ratio is 0.45, what is the firms return on equity (ROE)? Round to the nearest 0.1%, drop the % symbol. E.g., if your answer is 25.74%, record it as 25.7.
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