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There is a company that has a net profit margin of 5.2% on sales of $51.9 million. It has book value of equity of $38.6
There is a company that has a net profit margin of 5.2% on sales of $51.9 million. It has book value of equity of $38.6 million and total book liabilities of $29.4 million. EBIT is $8.0 million and taxes are $2.1 million. What is the ROE and ROA?
No Excel or Finance calculator please.
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