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The Damien Holdings Company has the following results: Sales/Total Assets 2.5X Return on Assets (ROA) 7.0% Return on Equity (ROE) 8.5% What is Damians profit
The Damien Holdings Company has the following results:
Sales/Total Assets 2.5X
Return on Assets (ROA) 7.0%
Return on Equity (ROE) 8.5%
What is Damians profit margin and debt ratio?
A. 3.4%; 0.8235 B. 3.4%; 0.75 C. 2.8%; 0.8235 D. 2.80; 0.1765 E. None of above
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