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PROBLEM #3 The leremy Duncin Company has determined that its retum on equity is 20 . Management is interested in the various components that went

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PROBLEM \#3 The leremy Duncin Company has determined that its retum on equity is 20 . Management is interested in the various components that went into this calculation. However, one of the accountants has misplaced the net profit margin ratio. As a finance wizard, you know how to calculate the net profit margin, given the following information: Total debt/otal asset nutio =40%, Total asset utilization (tumover) natio =30 What is the net profit margin for the Duncan Company

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