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Samsung has sales of $49,000 and a net income of $17,000. Total assets are $44,000 and total equity is $28,000. The consumer electronics industry as
Samsung has sales of $49,000 and a net income of $17,000. Total assets are $44,000 and total equity is $28,000. The consumer electronics industry as a whole has the following characteristics: Attempt 4/10 for 8 pts. What is Samsung's profit margin? Attempt 1/10 for 10 pts. What is Samsung's total asset turnover? What is Samsung's equity multiplier? What is Samsung's return on equity? - Attempt 1/10 for 10 pts. Which is the main factor explaining why Samsung has a greater ROE than the industry? Higher equity multiplier Higher total asset turnover Higher profit margin
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