Question
1 pts If Roten Rooters, Inc., has an equity multiplier of 1.3, total asset turnover of 1.6, and a profit margin of 9 percent, what
1 pts
If Roten Rooters, Inc., has an equity multiplier of 1.3, total asset turnover of 1.6, and a profit margin of 9 percent, what is its ROE (in %)?
(Enter your answer as a percentage, omit the "%" sign in your response, and round your answer to 4 decimal places. For example, 1.23456 should be entered as 1.2346)
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Economics Of Money Banking And Financial Markets
Authors: Frederic Mishkin
10th Global Edition
0273765736, 978-0273765738
