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Company ABC has asset turnover of 120% . Its equity multiplier and profit margin are 125% and 4%, respectively. Given a 30% constant dividend payout
Company ABC has asset turnover of 120% . Its equity multiplier and profit margin are 125% and 4%, respectively. Given a 30% constant dividend payout ratio, What is ROE for ABC? (5 Points). A. 10.00% B. 6% C. 5.25% D. 4.40%
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