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Manufacturer A has a profit margin of 1.9%, an asset turnover of 1.7 and an equity multiplier of 5.1. Manufacturer B has a profit margin
Manufacturer A has a profit margin of 1.9%, an asset turnover of 1.7 and an equity multiplier of 5.1. Manufacturer B has a profit margin of 2.2%, an asset turnover of 0.9 and an equity multiplier of 4.5. How much asset turnover should manufacturer B have to match manufacturer A's ROE?
A.1.66%
B.2.33%
C.1.33%
D.3.33%
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