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If Muenster, Inc., has an equity multiplier of 1.35, total asset turnover of 1.87, and a profit margin of 6.1 percent, what is its ROE?

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If Muenster, Inc., has an equity multiplier of 1.35, total asset turnover of 1.87, and a profit margin of 6.1 percent, what is its ROE? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Hint: Use the DuPont Identity

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