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For the next two little problems use the following data: Suppose that we knew a firm has a net profit margin of 4.5%, total asset
For the next two little problems use the following data:
Suppose that we knew a firm has a net profit margin of 4.5%, total asset turnover of 1.75, and a financial leverage multiplier (equity multiplier) of 2.25. What is the firms ROA ? (round to 2 decimal places, i.e. x.xx) %
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