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Jaime has the following information about Apple Inc. Net income for the most recent fiscal year: $38,446 million; sales revenue: $183,687 million; total assets: $226,621

Jaime has the following information about Apple Inc. Net income for the most recent fiscal year: $38,446 million; sales revenue: $183,687 million; total assets: $226,621 million; total stockholder equity: $124,138 million. What is Apples return on equity (ROE)? Express your answer in decimal form to 3 decimal places of accuracy.

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