Matrix Industries has total assets of $385,000. It has a profit margin of 5.8 percent on sales of $520,000. If the equity multiplier is 2.2, what is its ROE?
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- What is its return on equity?You obtained the following data for Game Corporation: D1= $1.25; P0= $27.50; g = 5.00% (constant); and flotation costs = 6.00%. What is the cost of common equity raised by selling new common stock? What is the cost of common from reinvested earnings? Show work in excelIf 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?