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Vintage, Inc. has a total asset turnover of 1.60 and a net profit margin of 6.50 percent. The total assets to equity ratio for the

Vintage, Inc. has a total asset turnover of 1.60 and a net profit margin of 6.50 percent. The total assets to equity ratio for the firm is 2.9. Calculate Vintages return on equity. Please give answer and what the unit is:

Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box).

Answer=

Units in percentage=

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