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Vintage, Inc has a total asset turnover of 1.11 and a net profit margin of 3.78%. The total assets to equity ratio for the firm is 1.8. Calculate Vintage’s return on equity.

Vintage, Inc has a total asset turnover of 1.11 and a net profit margin

of 3.78%. The total assets to equity ratio for the firm is 1.8. Calculate Vintage’s return on equity.

 
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