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Problem 3-7 DuPont Identity [LO 3] e, Inc., has an equity multiplier of 1.36, total asset turnover of 1.62, and a profit margin of 8

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Problem 3-7 DuPont Identity [LO 3] e, Inc., has an equity multiplier of 1.36, total asset turnover of 1.62, and a profit margin of 8 percent. What is the company's ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to ROE

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