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Thompson, Inc. has Return on Equity (ROE) = 57 percent and an equity multiplier = 3.4. Compute Thompson's Return on Assets (ROA). (Record your answer
Thompson, Inc. has Return on Equity (ROE) = 57 percent and an equity multiplier = 3.4. Compute Thompson's Return on Assets (ROA). (Record your answer as a percent rounded to one decimal place but do not include the percent sign in your answer. Thus, record.32184 = 32.1% as 32.1)
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