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Rogers, Incorporated, has an equity multiplier of 1 . 3 9 , total asset turnover of 1 . 5 9 , and a profit margin

Rogers, Incorporated, has an equity multiplier of 1.39, total asset turnover of 1.59, and a profit margin of 11 percent. What is the
company's ROE?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
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