Question
The Akkadian Bronze Company has sales of $927,000, a profit margin of 4.07 percent, a total asset turnover rate of 1.35, and an equity multiplier
The Akkadian Bronze Company has sales of $927,000, a profit margin of 4.07 percent, a total asset turnover rate of 1.35, and an equity multiplier of 1.55. What is the return on equity (in percents)?
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The New Microfinance Handbook A Financial Market System Perspective
Authors: Joanna Ledgerwood, Julie Earne, Candace Nelson
1st Edition
0821389270, 978-0821389270
