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A company has an ROE of 12.63%. If the financial leverage ratio is 1.25 and return on sales is 5.23%, what is the asset turnover
A company has an ROE of 12.63%. If the financial leverage ratio is 1.25 and return on sales is 5.23%, what is the asset turnover ratio?
1.00
1.09
1.31
1.93
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