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Find the ROE for KBI Inc. Its total assets are $100M and profit margin is 5%. Its sales are $300,000 and its equity multiplier is
Find the ROE for KBI Inc. Its total assets are $100M and profit margin is 5%. Its sales are $300,000 and its equity multiplier is 2.5.
A. | 5.4% | |
B. | 10.2% | |
C. | 22.4% | |
D. | 28.6% | |
E. | 37.5% |
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