Harborview Industries has the following financial data: Net Income: $85,000 Sales: $2,400,000 Total Assets: $620,000 Total Receivables: $96,000 Equity Multiplier Ratio: 1.75X What is Harborview Industries' total asset turnover? What is Harborview Industries' return on equity (ROE)?

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What Harborview Industries return on equity on these financial accounting question?

Harborview Industries has the following financial data: Net Income:
$85,000 Sales: $2,400,000 Total Assets: $620,000 Total Receivables:
$96,000 Equity Multiplier Ratio: 1.75X What is Harborview Industries'
total asset turnover? What is Harborview Industries' return on equity
(ROE)?
Transcribed Image Text:Harborview Industries has the following financial data: Net Income: $85,000 Sales: $2,400,000 Total Assets: $620,000 Total Receivables: $96,000 Equity Multiplier Ratio: 1.75X What is Harborview Industries' total asset turnover? What is Harborview Industries' return on equity (ROE)?
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