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nsProblem 4.06 (DuPONT and ROE) Check My Work (a remaining) eBook Problem Walk-Through A firm has a profit margin of 7% and an equity multiplier

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nsProblem 4.06 (DuPONT and ROE) Check My Work (a remaining) eBook Problem Walk-Through A firm has a profit margin of 7% and an equity multiplier of 2.5. Its sales are $370 million, and it has total assets of $222 million. What is its ROE? Do not round intermediate calculations. Round your answer to two decimal places 0 | 29.23 % Problem 4.08 (DuPONT and Net Income) s Question 14 of 20 D Check My Work (3 remaining) eBook Problem Walk-Through Precious Metal Mining has $19 million in sales, its ROE is 14%, and its total assets turnover is 2.5. 0 | Common equity on the firm's balance sheet is 50% of its total assets, what is its net income? Do not round intermediate calculations. Round your answer to the nearest cent. Problem 3.05 (MVA) s Question 4 of 20 Check My Work (3 remaining) eBook Harper Industries has $100 million of common equity on its balance sheet; its stock price is $28 per share; and its market value added (MVA) is $110 million. How many common shares are currently outstanding? Write out your answer completely. For example, 5 million shares should be entered as 5,000,000. Round your answer to the nearest whole number, if necessary. common shares

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