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The following are selected ratios for Baker Hughes Inc. year-end (in millions) financial statements. What is the companys return on equity (ROE) for the year?
The following are selected ratios for Baker Hughes Inc. year-end (in millions) financial statements. What is the companys return on equity (ROE) for the year?
Return on net operating assets (RNOA) 5.94%
Profit margin (PM) 4.90%
Net operating profit margin (NOPM) 5.59%
Asset turnover (AT) 0.82
Financial leverage (FL) 1.57
A)7.20% B)7.65% C)3.83% D) 6.31%
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