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Tiger Company has a net profit margin of 6%, a total asset turnover ratio of 2.1, and an equity multiplier of 1.35. What its the
Tiger Company has a net profit margin of 6%, a total asset turnover ratio of 2.1, and an equity multiplier of 1.35. What its the firm's return on equity?
a. | 12.5% | |
b. | 9.3% | |
c. | 17.0% | |
d. | 15% |
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