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Consider a retail firm with a net profit margin of 3 . 9 5 % , a total asset turnover of 1 . 7 7
Consider a retail firm with a net profit margin of a total asset turnover of total assets of $ million, and a book value of equity of $ million.
a What is the firm's current ROE?
b If the firm increased its net profit margin to what would its ROE be
c If in addition, the firm increased its revenues by while maintaining this higher profit margin and without changing its assets or liabilities what would its ROE be
a What is the firm's current ROE?
The firm's current ROE is Round to one decimal place.
b If the firm increased its net profit margin to what would its ROE be
The new ROE would be Round to one decimal place.
c If in addition, the firm increased its revenues by while maintaining this higher profit margin and without changing its assets or liabilities what would its ROE be
The new ROE would be Round to one decimal place.
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