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The rest of the test uses the information in the following balance sheet and income statement: 5. a) What was the firm's profit margin in
The rest of the test uses the information in the following balance sheet and income statement:
5. a) What was the firm's profit margin in 2016?
5. b) What was the total asset turnover in 2016?
5. c) What was the firm's equity multiplier in 2016?
5. d) How can you use the ratios you calculated in parts a-c to determine the Return on Equity using the DuPont Identity?
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