Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.1.1MBA
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If the asset turnover is 1.6, the financial leverage multiplier is 2.1, the return on asset is 25% and return on equity is 52.5%, what is the net profit margin?

    1. 63%                                          c.   21.00%
    2. 10%                                          d.   32.81%
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