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Use the following ratios for Crimson Industries Inc., to estimate the firm's ROE. Net profit margin = 8.62%, asset turnover = 1.68, return on assets
Use the following ratios for Crimson Industries Inc., to estimate the firm's ROE. Net profit margin = 8.62%, asset turnover = 1.68, return on assets = 14.48%, financial leverage = 1.35, debt to equity ratio = 35%. 2.10% 0.99% 5.07% 19.55% Modern Comics Inc., has sales of $2,500,000, net income of $100,000, total assets worth $2,000,000, and total common stockholder equity of $1,000,000. The ROE for the firm is: 4% 5% 10% 40%
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