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Intro Esport Electronics expects the following numbers for next year. Sales: $2,300,000 Costs: $1,000,000 (excluding depreciation) Depreciation: $200,000 Interest: 100,000 Tax rate: 24% Total asset
Intro Esport Electronics expects the following numbers for next year. Sales: $2,300,000 Costs: $1,000,000 (excluding depreciation) Depreciation: $200,000 Interest: 100,000 Tax rate: 24% Total asset turnover: 3 Total debt ratio: 40% IB Attempt 2/5 for 9.8 pts. Part 1 What is the expected profit margin? Previous answers: 37.39% 3+ decimals Submit IB Attempt 1/5 for 10 pts. Part 2 2 What is the expected equity multiplier? 2+ decimals Submit IB Attempt 1/5 for 10 pts. Part 3 3 What is the expected return on equity? 2+ decimals Submit
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