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Problem 4-6 DuPONT AND ROE A firm has a profit margin of 6.5% and an equity multiplier of 1.7. Its sales are $110 million, and

Problem 4-6 DuPONT AND ROE

A firm has a profit margin of 6.5% and an equity multiplier of 1.7. Its sales are $110 million, and it has total assets of $66 million. What is its ROE? Do not round intermediate calculations. Round your answer to two decimal places.

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Problem 4-6 DuPONT AND ROE A firm has a profit margin of 6.5% and an equity multiplier of 1.7. Its sales are $110 million, and

Problem 4-6 DuPONT AND ROE A firm has a profit margin of 6.5% and an equity multiplier of 1.7. Its sales are $110 million, and it has total assets of $66 million. What is its ROE? Do not round intermediate calculations. Round your answer to two decimal places. %

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Problem 4-6 DuPONT AND ROE

A firm has a profit margin of 6.5% and an equity multiplier of 1.7. Its sales are $110 million, and it has total assets of $66 million. What is its ROE? Do not round intermediate calculations. Round your answer to two decimal places.

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