Question
Selected ratios calculated from data of of the financial statements of KRJ Manufacturing are presented below. Calculate the return on equity for the year in
Selected ratios calculated from data of of the 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%.
Financial leverage multiplier 1.84
Net operating profit margin 13.4
Net profit margin 8.36
Return on net operating assets 24.52
Total asset turnover 1.22
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Cases In Healthcare Finance
Authors: Louis C. Gapenski
3rd Edition
1567932444, 9781567932447
