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The following are financial ratios for Emerald Corporation for the year ended December 31, 2018 (in millions). What is the companys return on equity (ROE)
The following are financial ratios for Emerald Corporation for the year ended December 31, 2018 (in millions). What is the companys return on equity (ROE) for the year? (Write your answer in percent, omit the "%" sign, and round your answer to two decimal places. Add a minus sign if needed. For example, if your answer is 0.538, type in 53.80)
Return on net operating assets (RNOA) 48.9%
Profit Margin (PM) 11.7%
Net operating profit margin (NOPM) 12.3%
Asset turnover (AT) 1.53
Financial leverage (FL) 1.88
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