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Northwest Lumber had a profit margin of 7.35%, a total assets turnover of 1.5, and an equity multiplier of 2.0. What was the firm's ROE?
Northwest Lumber had a profit margin of 7.35%, a total assets turnover of 1.5, and an equity multiplier of 2.0. What was the firm's ROE? a. 14.88% b. 22.05% c. 13.02% d. 18.75% e. 20.61%
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