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25 A company has sales of $132 million, net income of $24 million, a total asset turnover of 0.84, and a leverage multiplier of 1.6.
25 A company has sales of $132 million, net income of $24 million, a total asset turnover of 0.84, and a leverage multiplier of 1.6. What is this company's return on equity, using the DuPont formula? Round to two decimal places. 24.43% O 15.41% 18.18% 16.79% 33 A firm has projected assets to be $22 million, liabilities to be $11 million, and owner's equity to be $3 million What is the discretionary financing need? $8 million $11 million $33 million $18 million
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