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4 pts Addams Family Value Stores' President, Kathie Gaylord, has been reviewing her firm's financial statements. She knows that the firm's return on equity is
4 pts Addams Family Value Stores' President, Kathie Gaylord, has been reviewing her firm's financial statements. She knows that the firm's return on equity is 23.8 percent, the total debt to total asset ratio is 40 percent, and the total asset turnover is 2.10. She is sure that the firm's accountant told her the firm's net profit margin before he went home, but she can't remember. Please help. her determine the firm's net profit margin. 5.30% 6.80% 3.53% 4.40% 1.43% Question 12 4 pts Software Solutions Incorporated is borrowing $2,500,000 for 9 years from the Silicon Valley Bank. The bank is charging a 7.1 percent rate. If the firm is making nine annual payments of principal and interest much will each payment be in order to reduce the loan balance to zero in nine years? $263.798 $400,200 $593.491 $385,350 $430,737
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