Gardial & Son has an ROA of 12%, a 4% profit margin, and a return on equity equal to 11%. What is the company's total assets turnover? Round your answer to two decimal places. What is the firm's equity multiplier? Round your answer to two decimal places.

Gardial & Son has an ROA of 12%, a 4% profit margin, and a return on equity equal to 11%. What is the company's total assets turnover? Round your answer to two decimal places. What is the firm's equity multiplier? Round your answer to two decimal places.

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 6P

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Gardial & Son has an ROA of 12%, a 4% profit margin, and a return on equity equal to 11%.

What is the company's total assets turnover? Round your answer to two decimal places.
What is the firm's equity multiplier? Round your answer to two decimal places.

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