Abc had a net profit margin net income sales of 42 percent, Financial Management

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Abc had a net profit margin net income sales of 42 percent

ABC had a net profit margin (net income / sales) of 4.2 percent, a total assets turnover (Sales / Assets) of 2.7, and an equity multiplier (Assets / Equity) of 5.2. Given this information, what was the firm's ROE? (Enter your answer in decimal form to three decimal places, which means convert the percentage into decimal form. For example, 12.3% would be entered as 0.123)

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Financial Management: Abc had a net profit margin net income sales of 42 percent

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Financial Management: Abc had a net profit margin net income sales of 42 percent

Reference No:- TGS02343806

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