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Nakamura, Incorporated, has a total debt ratio of . 5 6 , total debt of $ 3 1 6 , 0 0 0 , and

Nakamura, Incorporated, has a total debt ratio of .56, total debt of $316,000, and net income of $38,500. What is the company's return on equity?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
Return on equity
%
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