Home / Questions / The net profit margin for a company is 24.7 %, the assetturnover is 1.002, the equity mult
The net profit margin for a company is 24.7 %, the assetturnover is 1.002, the equity multiplier is 1.658, and the dividendpayout rate is 42 %. What is the return on equity? Show yourwork (Answer to the nearest tenth of a percent, i.e.12.3 without the % sign).
Dec 02 2019 View more View Less
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