LenaC9248 LenaC9248
  • 01-06-2023
  • Business
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ACME Inc. has a net profit margin of 11.0 percent, an asset turnover ratio of 1.7, a price to earnings ratio of 17.4, and a total asset to equity ratio of 1.50. Expressed as a percent rounded to one decimal place, what is the firm's ROE?

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