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Rippard's has a debt ratio of 19 percent, a total asset turnover ratio of 3.0 and a return on equity (ROE) of 54 percent. Compute

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Rippard's has a debt ratio of 19 percent, a total asset turnover ratio of 3.0 and a return on equity (ROE) of 54 percent. Compute Rippard's net profit margin. (Record your answer as a percent rounded to one decimal place but do not include the percent sign in your answer. Thus, record.32184 = 32.1% as 32.1)

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