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1. A company achieved a Return-on-Equity of 18% last year. Its Profit Margin was 5% with a Leverage Ratio of 2. This tells us that
1. A company achieved a Return-on-Equity of 18% last year. Its Profit Margin was 5% with a Leverage Ratio of 2. This tells us that its Turnover Ratio was:
a) 1.8
b) 18%
c) .018
d) 3.6
e) .36
f) .9
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