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A firm has a profit margin of 4% and an equity multiplier of 2.4. Its sales are $260 million, and it has total assets of
A firm has a profit margin of 4% and an equity multiplier of 2.4. Its sales are $260 million, and it has total assets of $104 million. What is its ROE? Round your answer to two decimal places
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Offshore Finance And State Power
Authors: Andrea Binder
1st Edition
0192870122, 978-0192870124
