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d. 21% 6) Sally's Retailers and Joe's Retailers both operate in the same apparel industry and have the same return on equity ratio of 45

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d. 21% 6) Sally's Retailers and Joe's Retailers both operate in the same apparel industry and have the same return on equity ratio of 45 percent. Each company has the following ratios: Ratio Profit Margin Total Asset Turnover Leverage Multiplier Sally 30% 0.50 N/A Joe N/A 6.0 0.50 Using the information above, determine the Profit Margin for Joe's Retailers and the Leverage Multiplier for Sally's retailers

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