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Last year Blease Inc had a total assets turnoverof 1.33 and an equity multiplier of 1.75. Its sales were dollar 205, ooo and its net

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Last year Blease Inc had a total assets turnoverof 1.33 and an equity multiplier of 1.75. Its sales were dollar 205, ooo and its net income was dollar 10, 600. The firm finances using only debt and common equity and its total assets equal total invested capital. The CFO believes that the company could have operated more efficiently, lowered its costs, and increased its net income by dollar 10, 250 without changing its sales, assets, or capital structure. Had it cut costs and increased its net income by this amount, how much would the ROE have changed? Do not round your intermediate calculations

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