If Harley, Inc., has an equity multiplier of 1.35, total asset turnover of 2.15, and a profit
Question:
If Harley, Inc., has an equity multiplier of 1.35, total asset turnover of 2.15, and a profit margin of 6.08 percent, what is its ROE?
Asset TurnoverAsset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.
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Related Book For 
Corporate Finance Core Principles and Applications
ISBN: 978-1259289903
5th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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