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It is widely known that grocery chains have low profit margins-on average, they earn about 1 percent on sales. How would you explain the fact
It is widely known that grocery chains have low profit margins-on average, they earn about 1 percent on sales. How would you explain the fact that their ROE is about 12 percent? Does this seem logical?
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Introduction To Mathematical Finance Discrete Time Models
Authors: Stanley R. Pliska
1st Edition
1557869456, 9781557869456
