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Prime Pharmaceuticals Inc. produces and markets pharmaceutical products. In 2024, the company reported revenue of $30 million, a cost of goods sold of $12 million,
Prime Pharmaceuticals Inc. produces and markets pharmaceutical products. In 2024, the company reported revenue of $30 million, a cost of goods sold of $12 million, and operating expenses of $10 million. Total assets were $25 million, and total liabilities were $10 million.
oCompute the gross profit margin.
oCalculate the return on equity (ROE).
oDetermine the equity multiplier.
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