Eastwood Industries has a return on equity of 18.75%, a debt- equity ratio of 0.5, and a profit margin of 7.5%. What is the return on assets for Eastwood Industries?
Eastwood Industries has a return on equity of 18.75%, a debt- equity ratio of 0.5, and a profit margin of 7.5%. What is the return on assets for Eastwood Industries?
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
Problem 10P
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What is the return on assets for eastwood industries?

Transcribed Image Text:Eastwood Industries has a return on equity of 18.75%, a debt-
equity ratio of 0.5, and a profit margin of 7.5%. What is the return
on assets for Eastwood Industries?
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