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Mitchel, Inc. has a debt ratio of 40 percent and ROA - 36 percent. Compute Mitchel's Return on Equity (ROE). (Record your answer as a

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Mitchel, Inc. has a debt ratio of 40 percent and ROA - 36 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)

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