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Problem 3-18 DuPont Identity [LO 3] The Taylor Company has an ROA of 8.3 percent, a profit margin of 9.75 percent, and an ROE of
Problem 3-18 DuPont Identity [LO 3] The Taylor Company has an ROA of 8.3 percent, a profit margin of 9.75 percent, and an ROE of 15.75 percent a. What is the company's total asset turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Total asset turnover times b. Equity multiplier times
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