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Using the information below and DuPont system, find the return on equity for this firm: Net profit margin equals 5.5% Total asset turnover equals 2

Using the information below and DuPont system, find the return on equity for this firm:

  • Net profit margin equals 5.5%
  • Total asset turnover equals 2
  • Leverage ratio equals 2.2
  • Dividend payout ratio equals 31.8%

13.8

24.2

20.5

18.9

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