Question
You want to invest in a firm with a minimal ROE of 10%. Zipper INC. has a net profit margin of 9.9%. The firm's
You want to invest in a firm with a minimal ROE of 10%. Zipper INC. has a net profit margin of 9.9%. The firm's asset turnover has averaged 1.4 over the last year. Them equity multiplier for the firm has averaged 1.3 over the same period Using the Dupont Analysis, what is the firm's return on equity? Post your answer as a % with 1 decimal place. 8.5% for example.
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