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PRINTER VERSION UACK Problem 4.09 Ivanhoe Enterprises has a total asset turnover of 2.2 and a net profit margin of 7.1%. If its equity multiplier

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PRINTER VERSION UACK Problem 4.09 Ivanhoe Enterprises has a total asset turnover of 2.2 and a net profit margin of 7.1%. If its equity multiplier is 1.60, what is the ROE for Ivanhoe Enterprises? (Round answer to 2 decimal places, e.g. 12.25%.) ROE Click if you would like to Show Work for this question: Open Show Work

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