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Problem 19-8 Use the DuPont system and the following data to find return on equity. (Round your answer to 2 decimal places.) Leverage ratio (assets/equity)

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Problem 19-8 Use the DuPont system and the following data to find return on equity. (Round your answer to 2 decimal places.) Leverage ratio (assets/equity) Total asset turnover Net profit margin Dividend payout ratio 2.3 3.0 4.0% 38.0% ROE %

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