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3. Mamufacturer A has a net profit margin of 2.1%, a total asset turnover of 1.6 and an equity mulliplier of 5.0 . Manufacturer B

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3. Mamufacturer A has a net profit margin of 2.1%, a total asset turnover of 1.6 and an equity mulliplier of 5.0 . Manufacturer B has a ROA of 5.4% and has nisets of $200 million. ROE A= R. = All else equal, how much book equity should manufncturer B bave in order to matci manufacturer A 's ROE? Answer:\$64.29 mill

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