Triangular Chemicals has total assets of $107 million, a return on equity of 42%, a net profit margin of 4.9 %, and an equity multiplier of 2.18. How much are the firm’s sales?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
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  1. Triangular Chemicals has total assets of $107 million, a return on equity of 42%, a net profit margin of 4.9 %, and an equity multiplier of 2.18. How much are the firm’s sales?
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