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Super Soft Snowflake Sheets' previous annual balance sheet included: Total assets = $115,000 Pillows Sold = 138,000 Profit margin=8% Sales = $180,000 New Locations Opened

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Super Soft Snowflake Sheets' previous annual balance sheet included: Total assets = $115,000 Pillows Sold = 138,000 Profit margin=8% Sales = $180,000 New Locations Opened = 78 Total debt = $6300 Profit margin= 8% What was the ROE of the company last year? HINT: Net Income is also known as Net Profit Answer in the format #0.0000 Do not round intermediary calculations. Use full precision of your calculator or excel Round properly to FOUR decimal places Example: 157835 would be 1578 Example: 2.3491 would be entered 2.3491 HINT: This is NOT a percentage. Do not convert it into one Round properly to 4 decimal places Round properly to 4 decimal places Round properly to 4 decimal places Round properly to 4 decimal places HINT. Round property to 4 decimal places

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