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Intro Samsung has sales of $51.000 and a net income of $17,000. Total assets are $43,000 and total equity is $28.000. The consumer electronics industry
Intro Samsung has sales of $51.000 and a net income of $17,000. Total assets are $43,000 and total equity is $28.000. The consumer electronics industry as a whole has the following characteristics: Ratio Value Profit margin 0.137 Total asset turnover 0.941 Equity multiplier 1.8 Return on equity 0.232 8 Attempt 1/3 for 10 pts. Part 1 What is Samsung's profit margin? 3+ decimals Submit 18 Attempt 1/3 for 10 pts. Part 2 What is Samsung's total asset turnover? 2 decimals Submit 18 Attempt 113 for 10 pts Part 3 What is Samsung's equity muitiplier? Attempt 1/3 for 10 pts. Part 4 What is Samsung's return on equity? 2+ decimals Submit Part 5 18 Attempt 1/2 for 10 pts. Which is the main factor explaining why Samsung has a greater ROE than the industry? Higher profit margin O Higher total asset turnover Higher equity multiplier Submit
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