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Problem 3 - 7 DuPont Identity LO 3 ] If RogersIncorporated, has an equity multiplier of 1 . 6 5 , total asset turnover of

Problem 3-7 DuPont Identity LO3] If RogersIncorporated, has an equity multiplier of 1.65, total asset turnover of 1.70, and a profit margin of 4.5 percent, what is its ROE? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.) ROE %

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