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. | 26.73% |
| B. | 25.73% |
| C. | 9.40% |
| D. | 9.00% |
| Answer» B. 25.73% | |