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You are provided with the following information for a company: Sales 2,400,000 Profit Margin 7.50% Net Fixed Assets 1,800,000 Current Liabilities 172,800 Net Working Capital

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You are provided with the following information for a company: Sales 2,400,000 Profit Margin 7.50% Net Fixed Assets 1,800,000 Current Liabilities 172,800 Net Working Capital 576,000 Long-term Debt 1,440,000 What is the return on equity Please enter the answer as a number with four decimal places and percentage. So if the answer is "14.42%", please enter "0.1442" or ".1442

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