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Red Fire has a Debt/Equity Ratio of .25, and Equity Multiplier of 1.25, a return on sales of 11.8, and an asset turnover of .88.
Red Fire has a Debt/Equity Ratio of .25, and Equity Multiplier of 1.25, a return on sales of 11.8, and an asset turnover of .88. What is its ROE?
Question 4 options:
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10.4%
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2.6%
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9.1%
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13.0%
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11.4%
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Finance Plain And Simple
Authors: Sebastian Nokes
1st Edition
0273731297, 978-0273731290
