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Question 20 5 pts Assume that a firm has sales of $11,700,000, total assets of $4,500,000, total common equity of $1,635,000, and an ROE of
Question 20 5 pts Assume that a firm has sales of $11,700,000, total assets of $4,500,000, total common equity of $1,635,000, and an ROE of 37.4985 percent. Given this information, and using the DuPont equation, determine the profit margin for this firm. 6.41% 6.02% 4.81% O 5.24% 5.63%
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