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QUESTION 5 A firm has a profit margin of 2.75 percent and an equity multiplier of 1.6. Its sales are $85 million and it has
QUESTION 5 A firm has a profit margin of 2.75 percent and an equity multiplier of 1.6. Its sales are $85 million and it has total assets of $40 million. What is its return on equity (ROE)? O a. 3.65% b.2.07% O c. 7.48% d. 5.84% e. 9.35% 1 points Save
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