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1. Mulligan's Merchandise (MM) currently has a profit margin of 4.2%, a total asset turnover of 1.8, and a book equity multiplier of 1.8? What

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1. Mulligan's Merchandise (MM) currently has a profit margin of 4.2%, a total asset turnover of 1.8, and a book equity multiplier of 1.8? What is MM's current ROE? If MM were able to increase revenues by 20% without changing assets, liabilities or profit margin, what would be MM's new ROE

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