A company has a profit margin of 6%, an equity multiplier of 2, and sales of $200 million. Total assets are $100 million. What is the Return on Equity (ROE)?
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Q: SUBJECT GENERAL ACCOUNTING
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Financial Accounting
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- What is its profit margin for the financial accounting?A firm has a return on equity of 22 percent. The total asset turnover is 2.9 and the profit margin is 5 percent. The total equity is $7,500. What is the amount of the net income? Answer this questionWhat is the company's return on equity on these financial accounting question?