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Northwest Lumber had a profit margin of 7%, a total assets turnover of 1.5, and an equity multiplier of 1.8. What was the firm's ROE?
Northwest Lumber had a profit margin of 7%, a total assets turnover of 1.5, and an equity multiplier of 1.8. What was the firm's ROE?
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
5th edition
1111527369, 978-1111527365
