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In 2018, PacWest Ltd. had a Total Assets Turnover ratio of 1.3 and an Equity Multiplier of 1.5. Its 2018 Sales were $498717 and its
In 2018, PacWest Ltd. had a Total Assets Turnover ratio of 1.3 and an Equity Multiplier of 1.5. Its 2018 Sales were $498717 and its Net Income was $23615.
What was the Return on Equity (ROE) for 2018?
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