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Posted on Jul 30, 2024

The Company A ' s ROE is 2 8 % . If Company A has total asset turnover of 1 . 5 and equity multiplier

The Company A

'

s ROE is

28 % .

If Company A has total asset turnover of

1.5

and equity multiplier of

2,

what's Company A

'

s profit margin?

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