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Selected ratios calculated from data of of the 2015 financial statements of KRJ Manufacturing are presented below. Calculate the return on equity for the year
Selected ratios calculated from data of of the 2015 financial statements of KRJ Manufacturing are presented below. Calculate the return on equity for the year in percentage terms, rounded to two decimal places. e.g. 20.00%.
Net profit margin | 12.6% |
Total asset turnover | 1.18 |
Financial leverage multiplier | 2.47 |
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