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2 5 points Samsung has sales of $47,000 and a net income of $19,000. Total assets are $46,000 and total equity is $15,000. The consumer
2 5 points Samsung has sales of $47,000 and a net income of $19,000. Total assets are $46,000 and total equity is $15,000. The consumer electronics industry as a whole has the following characteristics: Ratio Value Profit margin 0.137 Total asset 1.05 turnover Equity multiplier 1.8 Return on equity 0.26 OOOO Which of the following statements is most likely correct based on the information above about Samsung? Samsung's higher ROE compared to the industry is driven by its higher profit margin and equity multiplier. Samsung's higher ROE compared to the industry is driven by its higher profit margin, asset turnover, and equity multiplier. Samsung's higher ROE compared to the industry is driven by its higher profit margin. Samsung's higher ROE compared to the industry can't be explained by the DuPont Decomposition in this case. Previous
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