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Northwest Lumber had a profit margin of 10%, a total assets turnover of 1.5, and an equity multiplier of 1.8. What was the firm's ROE?
Northwest Lumber had a profit margin of 10%, a total assets turnover of 1.5, and an equity multiplier of 1.8. What was the firm's ROE? Select the correct answer. O a. 27.109 b. 27.00% O c. 27.15% O d. 27.05% O e. 27.209
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