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QUESTION 3 Northwest Lumber had a profit margin of 3.45%, a total assets turnover of 2.0, and an equity multiplier of 2.0. What was the
QUESTION 3 Northwest Lumber had a profit margin of 3.45%, a total assets turnover of 2.0, and an equity multiplier of 2.0. What was the firm's ROE? a. 13.80% b. 14.18% c. 15.12% d. 13.47% e. 14.88%
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