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A firm has a profit margin of 5.5% and an equity multiplier of 1.8. Its sales are $260 million, and it has total assets of
A firm has a profit margin of 5.5% and an equity multiplier of 1.8. Its sales are $260 million, and it has total assets of $130 million. What is its ROE?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
