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Problem 4-6 DuPont and Roe A firm has a profit margin of 7.5% and an equity multiplier of 2.7. Its sales are $460 million, and

Problem 4-6 DuPont and Roe

A firm has a profit margin of 7.5% and an equity multiplier of 2.7. Its sales are $460 million, and it has total assets of $230 million. What is its ROE? Round your answer to two decimal places.

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