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You have decided to invest $2,263 into a savings account that has an effective annual rate of 5.7%. If you keep the money invested and

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You have decided to invest $2,263 into a savings account that has an effective annual rate of 5.7%. If you keep the money invested and make no withdrawals at all, how much will be in your savings account after 6 years? Round your answer to two decimals (do not include the $-sign in your answer). Below are selected financial data on four different firms. Use the DuPont equation to identify why the ROES of the four firms are different. Which of the following statements is true? Select one. Firm B Selected Financial Data (in $ 1,000) Book Value of Assets Book Value of Equity Sales Net Income $25,000 $15,000 $12,000 $2,500 $1,500 $750 $950 $80 $9,900 $8,900 $3,000 $882 $32,000 $30,000 $60,000 $3,500 D 1. The ROE for Firm A is lower than for Firm C because Firm A has a lower equity multiplier than Firm C. O II. The ROE for Firm A is higher than for Firm C, because Firm A has a higher profit margin than Firm C. o II. The ROE for Firm A is lower than for Firm C, because Firm A has a lower profit margin than Firm C. IV. The ROE for Firm A is higher than for Firm C, because Firm A has a higher asset turnover and a higher equity multiplier than Firm C. OV. The ROE for Firm A is lower than for Firm C, because Firm A has a lower asset turnover than Firm C

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