Question
A company has a turnover of $ 29 million. Its total assets are $ 17.5 million and its total liabilities are $ 6.3 million. If
A company has a turnover of $ 29 million. Its total assets are $ 17.5 million and its total liabilities are $ 6.3 million. If its profit margin ratio is 8%, what is the rate of return on its equity.
please due in 1hours
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
6th Edition
1264101589, 9781264101580
