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Question 18 (4 points) Last year YYY Company had a 5.00% net profit margin based on $28,000,000 in sales and $14,000,000 of total assets. During

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Question 18 (4 points) Last year YYY Company had a 5.00% net profit margin based on $28,000,000 in sales and $14,000,000 of total assets. During the coming year, the president has set a goal of attaining a 11% return on total assets. If YYY finances 56% of its assets by borrowing, what will its return on common equity be next year if the return on assets goal is achieved? (State your answer in percent with two decimal places.) O 17.63% 19.64% O 22.02% 27.43% 25.00% Question 19 (4 points) You are given the following information: Stockholders' equity - $288 million; price/earnings ratio = 25; shares outstanding = 9,680,000; and market/book ratio =4.51. Calculate the market price of a share of the company's stock... $29.75 $134.18 $104.43 $143.89 $27.43

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