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The Merriam Inc. has determined that its return on equity is 15%. Management is interested in the various components that went into this calculation. You

The Merriam Inc. has determined that its return on equity is 15%. Management is interested in the various components that went into this calculation. You are given the following information: total debt ratio = 0.35 and total assets turnover = 2.8. What is the profit margin?

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