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Mitchel, Inc. has debt ratio of 21.4 percent, inventory turnover ratio = 8.1, and return on assets (ROA) = 23.2 percent. Compute Mitchel's return on

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Mitchel, Inc. has debt ratio of 21.4 percent, inventory turnover ratio = 8.1, and return on assets (ROA) = 23.2 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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