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Saffron Foods has an equity multiplier(which is also known as Financial Leverage) of 2.05, a total asset turnover of 1.4, and a net profit margin

Saffron Foods has an equity multiplier(which is also known as Financial Leverage) of 2.05, a total asset turnover of 1.4, and a net profit margin of 4.9%. What is the return on equity?

16.52%

11.38%

12.69%

14.06%

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