Question: < Back to Assignment Attempts: Keen the Highest: /1 6. Problem 4.06 (DUPONT and ROE) eBook Problem Walk-Through A firm has a profit margin

< Back to Assignment Attempts: Keen the Highest: /1 6. Problem 4.06

< Back to Assignment Attempts: Keen the Highest: /1 6. Problem 4.06 (DUPONT and ROE) eBook Problem Walk-Through A firm has a profit margin of 3.5% and an equity multiplier of 2.5. Its sales are $310 million, and it has total assets of $124 million. What is its ROE? Dom intermediate calculations. Round your answer to two decimal places.

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