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2008 5. An analysis examining Kuwait Oil Petroleum Co. wishes to understand the factors driving the trend in ROE over a recent four-year period. The

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2008 5. An analysis examining Kuwait Oil Petroleum Co. wishes to understand the factors driving the trend in ROE over a recent four-year period. The analyst obtains the following data from KOPC annual reports: 2009 2007 2006 Tax burden 61% 52% 63% 59% Interest burden 98% 98% 98% 98% EBIT margin 11% Asset turnover 99 1.71 1.47 1.44 Leverage 2.15 2.17 2.10 2.14 Required: Calculate The Net Profit Margin for 2008. (2 points) 8% 1496 1495 Enter your

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