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Question #1 Carla Vista Enterprises has a total asset turnover of 2.1 and a net profit margin of 7.0%. If its equity multiplier is 1.50,

Question #1

Carla Vista Enterprises has a total asset turnover of 2.1 and a net profit margin of 7.0%. If its equity multiplier is 1.50, what is the ROE for Carla Vista Enterprises? (Round answer to 2 decimal places, e.g. 12.25%.)

-ROE_____% ?

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