Question
Marly Brown Inc. reported and ROE of 20 percent. The firms debt ratio was 55 percent, Sales were $20 million and total assets turnover was
Marly Brown Inc. reported and ROE of 20 percent. The firms debt ratio was 55 percent, Sales were $20 million and total assets turnover was 0.8. Calculate the net income and profit margin of Marly Brown Inc.
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Research Methods Statistics and Applications
Authors: Kathrynn A. Adams, Eva Marie K. Lawrence
1st edition
1452220182, 978-1452220185
