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Manufacturer A has a profit margin of 1.9%, an asset turnover of 1.6 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 1.6 and an equity multiplier of 5.1. Manufacturer B has a profit margin of 2.1%, an asset turnover of 1.2 and an equity multiplier of 4.5. How much asset turnover should manufacturer B have to match manufacturer A's ROE? OA. . . OD, 1.31% 3.28% 2.3% 1.64% Click to select your
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