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Orion Biotech has a profit margin of 5% and an equity multiplier of 3. Its sales are $100 million and it has total assets of $50 million. What is its ROE? A. 40% B. 15% C. 30% D. 25%

Orion Biotech has a profit margin of 5% and an equity multiplier of 3. Its sales are $100 million and it has total assets of $50 million. What is its ROE? A. 40% B. 15% C. 30% D. 25%

Intermediate Financial Management (MindTap Course List)
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 5P: Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are...
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Orion Biotech has a profit margin of 5% and an equity multiplier of 3. Its sales are $100 million and it has total assets of $50 million. What is its ROE? A. 40% B. 15% C. 30% D. 25%
Transcribed Image Text:Orion Biotech has a profit margin of 5% and an equity multiplier of 3. Its sales are $100 million and it has total assets of $50 million. What is its ROE? A. 40% B. 15% C. 30% D. 25%
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