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Use the DuPont system and the following data to find return on equity. (Round your answer to 2 decimal places.) Leverage ratio (assets/equity) 2.5 Total

Use the DuPont system and the following data to find return on equity. (Round your answer to 2 decimal places.) Leverage ratio (assets/equity) 2.5 Total asset turnover 2.8 Net profit margin 4.0 % Dividend payout ratio 24.0 %

ROE=

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