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Question 29 (1 point) The Pickett Corp. has a profit margin of 3% and an equity multiplier of 2.0. Its sales are $500 million and

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Question 29 (1 point) The Pickett Corp. has a profit margin of 3% and an equity multiplier of 2.0. Its sales are $500 million and its total assets are $220 million. What is its ROE? A) 2.64% B) 6.00% C) 11.25% D) 13.64%

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