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Manufacturer A has a profit margin of 3 . 5 % , an asset turnover of 1 . 2 , and an equity multiplier of

Manufacturer A has a profit margin of 3.5%, an asset turnover of 1.2, and an equity multiplier of 3.0. Manufacturer B has a profit margin of 7.0%, an asset turnover of 2.8, and an equity multiplier of 5.0. How much asset turnover should manufacturer A have to match Bs ROE (assuming A cant improve its profit margin or increase its leverage?)A: 9.33| B: 9.37| C: 15.25| D: 1.26

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