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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?

  • A. 1.89

  • B. 1.26

  • C. 2.24

  • D. 9.24

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