If a company's net profit margin is 6%, its total asset turnover is 1.2 times, and its debt ratio is 30%, what is its return on equity?
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- What is the profit margin on these general accounting question?If Rooters, Inc., has an equity multiplier of 1.90, total asset turnover of 1.20, and a profit margin of 8 percent, what is its ROE?You have the following data for a company. What is the return on assets (ROA)? Return on equity = 15%; Earnings before taxes = $150,000; Total asset turnover = 1.8; Profit margin = 10.5%; Tax rate = 30%.