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A firm has Sales of $3,000,000, Earnings Before Taxes (EBT) of 15% of revenues, taxes of 21%, total assets of $1,500,000, and a debt-toequity ratio

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A firm has Sales of $3,000,000, Earnings Before Taxes (EBT) of 15% of revenues, taxes of 21%, total assets of $1,500,000, and a debt-toequity ratio of 0.5 . What is the DuPont Identity (Profit Margin * Total Asset Turnover * Equity Multiplier)? PM: 0.1185 (11.85\%) X TAT: 6 X EM 0.5 PM 0.15 (15\%) X TAT 2 X EM 1.185 PM: 0.15 (15\%) X TAT: 1.58EM 1.5 PM: 0.1185 (11.85\%) X TAT: 2 X EM 1.5

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