(Answered) Vintage inc has a total asset turnover of 156 and a net

Finance

Vintage, Inc. has a total asset turnover of 1.56 and a net profit margin of 3.26 percent. The total assets to equity ratio for the firm is 2.3. Calculate Vintage's return on equity.

Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box).

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