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If Rogers, Incorporated, has an equity multiplier of 1.59, total asset turnover of 1.50, and a profit margin of 6.9 percent, what is its ROE?

If Rogers, Incorporated, has an equity multiplier of 1.59, total asset turnover of 1.50, and a profit margin of 6.9 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.) ROE %
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If Rogers, Incorporated, has an equity multiplier of 1.59 , total asset turnover of 1.50 , and a profit margin of 6.9 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.)

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