Question
Company A has a return on equity of 12 percent, an equity multiplier of 1.25, a profit margin of 8% and total assets of $3.5M.
Company A has a return on equity of 12 percent, an equity multiplier of 1.25, a profit margin of 8% and total assets of $3.5M. What are sales for the year?
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Financial Management Theory And Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
3rd Canadian Edition
017658305X, 978-0176583057
