Question
What is the Return on Equity of a firms with the following info: Net Profit Margin = 20% Total Asset Turnover = Sales/Assets = 40%
What is the Return on Equity of a firms with the following info:
Net Profit Margin = 20%
Total Asset Turnover = Sales/Assets = 40%
Equity Multiplier = 4
(Hint: Think about the DuPont equation)
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Quantitative Financial Risk Management
Authors: Constantin Zopounidis, Emilios Galariotis
1st Edition
1118738187, 978-1118738184
