a firm has an a profit margin of 3.8% and an equity multiplier of 1.90. its sales are 166.0 mil usd, and the firm has total assets of 61.0 mil usd. calculate the firm's roe."

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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a firm has an a profit margin of 3.8% and an equity multiplier of 1.90. its sales are 166.0 mil usd, and the firm has total assets of 61.0 mil usd. calculate the firm's roe."

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