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J Peterman Corp. has $ 4 2 5 , 0 0 0 of assets, and it does not use any debt to finance their operations.
J Peterman Corp. has $ of assets, and it does not use any debt to finance their operations. Peterman's
sales for the last year were $ and its net income was $ Stockholders recently voted in a new
management team that has promised to lower costs and get the return on equity up to What profit
margin would the firm need in order to achieve the ROE, holding everything else constant?
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