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Income statement of Nx Corp. indicates that Net Income corresponds to 7.2% of Total Sales. Given that Asset Turnover ratio of Nx Corp. is 1.25

Income statement of Nx Corp. indicates that Net Income corresponds to 7.2% of Total Sales. Given that Asset Turnover ratio of Nx Corp. is 1.25 and Total Debt ratio is 33%, calculate ROE for Nx Corp.

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