Henderson's Hardware has an ROA of 11%, a 7% profit margin, and an ROE of 18%. A). What is its total assets turnover? Do not round intermediate calculations. Round your answer to two decimal places. B). What is its equity multiplier? Do not round intermediate calculations. Round your answer to two decimal places.

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Chapter15: Financial Statement Analysis
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Henderson's Hardware has an ROA of 11%, a 7% profit margin, and an ROE of 18%.

A). What is its total assets turnover? Do not round intermediate calculations. Round your answer to two decimal places.

B). What is its equity multiplier? Do not round intermediate calculations. Round your answer to two decimal places.

 

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