MCQOPTIONS
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| 1. |
Profit margin = 4.5%, assets turnover = 2.2 times, equity multiplier = 2.7 times then return on equity will be |
| A. | 6.73% |
| B. | 5.73% |
| C. | .40% |
| D. | .00% |
| Answer» B. 5.73% | |