Triangular chemicals has total assets of $107 million, a return on equity of 35 percent, a net profit margin of 5.5 percent, and an equity multiplier of 2.25. How much are the firm’s sales? The company’s total sales are Round to one decimal place.
Triangular chemicals has total assets of $107 million, a return on equity of 35 percent, a net profit margin of 5.5 percent, and an equity multiplier of 2.25. How much are the firm’s sales? The company’s total sales are Round to one decimal place.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Triangular chemicals has total assets of $107 million, a return on equity of 35 percent, a net profit margin of 5.5 percent, and an equity multiplier of 2.25. How much are the firm’s sales?
The company’s total sales are
Round to one decimal place.
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