Question
Lee Suns has sales of $3,250 total assets of $2,950 and a profit margin of 4%. The firm has a total debt ratio of 40%.
Lee Suns has sales of $3,250 total assets of $2,950 and a profit margin of 4%. The firm has a total debt ratio of 40%. What is the ROE?
1.3.25%
2.4.41%
3.13.62%
4.7.34%
5.4%
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
10th Edition
538482109, 1133711774, 538482389, 9780538482103, 9781133711773, 978-0538482387
