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If a firm has return on equity of 22% with a profit margin of 7% and a debt ratio of .4, what is the firms
If a firm has return on equity of 22% with a profit margin of 7% and a debt ratio of .4, what is the firms total asset turnover?
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A. 1.89
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B. 1.26
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C. 2.24
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D. 9.24
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