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A company achieved a Return-on-Equity of 18% last year. Its Profit Margin was 5% with a Leverage Ratio of 2. This tells us that its

A company achieved a Return-on-Equity of 18% last year. Its Profit Margin was 5% with a Leverage Ratio of 2. This tells us that its Turnover Ratio was:

a)18%

b)1.8

c)0.18

d)3.6

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