Question: 6. Problem 4.06 (DUPONT and ROE) eBook B Problem Walk-Through A firm has a profit margin of 7% and an equity multiplier of 1.8. Its

 6. Problem 4.06 (DUPONT and ROE) eBook B Problem Walk-Through A

6. Problem 4.06 (DUPONT and ROE) eBook B Problem Walk-Through A firm has a profit margin of 7% and an equity multiplier of 1.8. Its sales are $470 million, and it has total assets of $188 million. What is its ROE? Do not round intermediate calculations. Round your answer to two decimal places. % Grade it Now Save & Continue

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