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Table Top Inc. has provided the following financial data: Total Asset Turnover = . 2 4 5 Net Income = $ 4 0 0

Table Top Inc. has provided the following financial data:

Total Asset Turnover = .245

Net Income = $400,000

Equity Multiplier = 1.20

Net Sales = $1,300,000

What is the Return on Equity (ROE)?

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