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What is the ROE of a firm that has the following financial performance metrics? Net income = $75; Sales = $1600; Total Asset Turnover =
What is the ROE of a firm that has the following financial performance metrics? Net income = $75; Sales = $1600; Total Asset Turnover = (Sales/Total Assets) = 4. Debt = $50. Assume Debt + Equity = Total Assets (Hint: using Dupont Equation sales total assets ) total assets equity ROE = Net income sales
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