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Business, 17.02.2020 16:58 Turtlelover05

JPhone, Inc., has an equity multiplier of 1.39, total asset turnover of 1.59, and a profit margin of 11 percent. What is the company's ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

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JPhone, Inc., has an equity multiplier of 1.39, total asset turnover of 1.59, and a profit margin of...
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