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7. Computer Geeks has sales of $521,000, a profit margin of 14.8 percent, a total asset turnover rate of 2.16, and an equity multiplier of
7. Computer Geeks has sales of $521,000, a profit margin of 14.8 percent, a total asset turnover rate of 2.16, and an equity multiplier of 1.30. What is the return on equity? 8. New Steel Products has total assets of $991,000, a total asset turnover rate of 1.1, a debt equity ratio of 0.6, and a return on equity of 8.7 percent. What is the firm's net income
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