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Samsung has sales of $52,000 and a net income of $15,000. Total assets are $42,000 and total equity is $31,000. The consumer electronics industry as
Samsung has sales of $52,000 and a net income of $15,000. Total assets are $42,000 and total equity is $31,000. The consumer electronics industry as a whole has the following characteristics: Ratio Value Profit margin 0.137 Total asset turnover 0.941 Equity multiplier 1.8 Return on equity 0.232 - Attempt 1/3 for 10 pts. Part 1 What is Samsung's profit margin? 3+ decimals Part 2 What is Samsung's total asset turnover? 2+ decimals Missing answer Part 3 What is Samsung's equity multiplier? 24. decimals Missing answer Part 4 What is Samsung's return on equity? 24. decimals Missing answer B Attempt 0/3 for 0 pts Part 5 Which is the main factor explaining why Samsung has a greater ROE than the Industry? Higher tota, asset turnover Higher profit margin X (missed) Haeregully multiplier
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