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Section A of A firm has the total asset turnover is 5.6, if it has a ROE of 25 percent and a debt-to-equity ratio of
Section A of A firm has the total asset turnover is 5.6, if it has a ROE of 25 percent and a debt-to-equity ratio of 62 percent what is the firm's profit margin? (Give your answer in decimal number, not percentage, and to 6 decimal places, e.g. 0.123456 ) ion
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Public Finance
Authors: Harvey S. Rosen
3rd Edition
0256083762, 978-0256083767
