DuPont and RoeA firm has a profit margin of 7.5% and an equity multiplier of 2.5. Its sales are $500 million, and it has...
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DuPont and Roe
A firm has a profit margin of 7.5% and an equity multiplier of 2.5. Its sales are $500 million, and it has total assets of $300 million. What is its ROE? Do not round intermediate calculations. Round your answer to two decimal places.