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Compute the financial leverage percentage for 2012 given the following data (Omit the % sign in your response): 2012 2011 Return on equity 23 %
Compute the financial leverage percentage for 2012 given the following data (Omit the "%" sign in your response):
2012 | 2011 | |||
Return on equity | 23 | % | 27 | % |
Return on assets | 6 | 10 | ||
Profit margin | 12 | 12 | ||
Financial leverage percentage | % |
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