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Mitchel, Inc. has a debt ratio of 31 percent and ROA - 17 percent. Compute Mitchel's Return on Equity (ROE). (Record your answer as a

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Mitchel, Inc. has a debt ratio of 31 percent and ROA - 17 percent. Compute Mitchel's Return on Equity (ROE). (Record your answer as a percent rounded to one decimal place but do not include the percent sign in your answer. Thus, record.32184=32.1% as 32.1). Your Answer: Answer Rippard's has a debt ratio of 21 percent, a total asset turnover ratio of 1.4 and a return on equity (ROE) of 45 percent. Compute Rippard's net profit margin. (Record your answer as a percent rounded to one decimal place but do not include the percent sign in your answer. Thus, record.32184 -32.1% as 32.1). Your

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