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DuPont equation: Grossman Enterprises has an equity multiplier of 2.6 times, total assets of $2,312,000, an ROE of 14.8 percent, and a total assets turnover
DuPont equation: Grossman Enterprises has an equity multiplier of 2.6 times, total assets of $2,312,000, an ROE of 14.8 percent, and a total assets turnover of 2.8 times. Calculate the firms sales and ROA.
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