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23. Caillou Gulliano Incorporated recently reported the following information: (Sales )/(Total Assets) 2.25 Return on Assets (ROA) 4.5% Return on Equity (ROE) 7.5% Assuming the
23. Caillou Gulliano Incorporated recently reported the following information: (Sales )/(Total Assets) 2.25 Return on Assets (ROA) 4.5% Return on Equity (ROE) 7.5% Assuming the firm uses only debt and common equity, so total assets equal total invested capital. Answer the following questions: What is Caillou Gulliano's profit margin? a) 4% b) 3% c) 5% d) 2% e) 1%
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