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A company has an equity multiplier of 1.9, a total asset turnover ratio of 2.4. and a profit margin of 6 percent. What is the
A company has an equity multiplier of 1.9, a total asset turnover ratio of 2.4. and a profit margin of 6 percent. What is the company's return on equity (ROE)? Give your answer in percent to two decimal places, but do not include the % sign. If the answer is 0.0478 or 4.78%, you should enter 4.78. Question 11 5 pts You will receive a gift of $46,258 in 18 years. If the correct discount rate is 6 percent, what is the present value of your gift? Question 12 5 pts You have $14.938 in the bank today and you need that money to grow into $40.784 in 9 years. What interest rate, in percent, do you need to earn to reach your goal
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