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industrial Corporation has a net income-to-sales (profit margin) ratio of 0.04, a sales-to-assets (osset utiization) ratio of 1.5, and o debtto-asset ratio of 0.69. What

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industrial Corporation has a net income-to-sales (profit margin) ratio of 0.04, a sales-to-assets (osset utiization) ratio of 1.5, and o debtto-asset ratio of 0.69. What is Industriar's return on equity? (Round your answer to 2 decimal places. (e.9., 32.16))

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