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could you show the work on how this is solved? thank you! Your answer is correct. Bobcat Industries has a net profit margin of 3%,

could you show the work on how this is solved? thank you! image text in transcribed

Your answer is correct. Bobcat Industries has a net profit margin of 3%, a total asset turnover of 2 times; and a debt ratio of 40%. What is the firm's ROE? 25% 10% 15% 20%

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