Determine the return on stockholders equity


What is the return on stockholders' equity for a firm with a net profit margin of 4.9 percent, sales of $350,000, an equity multiplier of 1.6, and total assets of $215,000?

a. 12.76%

b. 15.24%

c. 12.57%

d. 8.88%

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Operation Management: Determine the return on stockholders equity
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