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Industrial Corporation has a net income-to-sales (profit margin) ratio of 0.02, a sales-to-assets (asset utilization) ratio of 1.8, and a debtto-asset ratio of 0.71. What
Industrial Corporation has a net income-to-sales (profit margin) ratio of 0.02, a sales-to-assets (asset utilization) ratio of 1.8, and a debtto-asset ratio of 0.71. What is Industrial's return on equity? (Round your answer to 2 decimal places. (e,9., 32.16))
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