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Use the following information on a firm to estimate its ROE: Net profit margin (NPM) =11.67%, Total asset turnover (TAT) =2.15x, Total debt to equity
Use the following information on a firm to estimate its ROE: Net profit margin (NPM) =11.67%, Total asset turnover (TAT) =2.15x, Total debt to equity (D/E)=125%. 20.07% 56.45% 28.99% 6.27% 31.36%
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