If DirectJet has an equity multiplier of 1.78, total asset turnover of 1.12, and a profit margin

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If DirectJet has an equity multiplier of 1.78, total asset turnover of 1.12, and a profit margin of 9 percent, what is its return on equity?

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Foundations Of Airline Finance

ISBN: 9780415743259

2nd Edition

Authors: Bijan Vasigh, Kenneth Fleming, And Barry Humphreys

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