Question: 4. Problem 4.06 (DUPONT and ROE) eBook Problem Walk-Through A firm has a profit margin of 2.5% and an equity multiplier of 1.3. Its sales

4. Problem 4.06 (DUPONT and ROE) eBook Problem Walk-Through A firm has a profit margin of 2.5% and an equity multiplier of 1.3. Its sales are $400 million, and it has total assets of $160 million. What is its ROE? Do not round intermediate calculations, Round your answer to two decimal places

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