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Needham Pharmaceuticals has a profit margin of 4% and an equity multiplier of 1.7. Its sales are $120 million and it has total assets of
Needham Pharmaceuticals has a profit margin of 4% and an equity multiplier of 1.7. Its sales are $120 million and it has total assets of $60 million. What is its return on equity (ROE)?
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
4th Edition
1439078084, 978-1439078082
