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Assume that the net profit margin is 7% and that for every dollar of assets, sales are 95 cents. If the equity multiplier is 1.50
Assume that the net profit margin is 7% and that for every dollar of assets, sales are 95 cents. If the equity multiplier is 1.50 , according to the DuPont system of financial ratio analysis, the ROE would be approximately A. 10% B. 6% C. 15% D. 2%
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