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ROE | Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 1.8. Its sales are $120 million and it has total
ROE | Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 1.8. Its sales are $120 million and it has total assets of $48 million. What is its Return on Equity (ROE)? Round your answer to two decimal places
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Theoretical Foundations For Quantitative Finance
Authors: Luca Spadafora, Gennady P Berman
1st Edition
9813202475, 978-9813202474
