Grossman enterprises has an equity multiplier of 231 times


Grossman Enterprises has an equity multiplier of 2.31 times, total assets of $2,014,436, an ROE of 16.50 percent, and a total assets turnover of 2.41 times. Calculate the firm's sales and ROA.

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Finance Basics: Grossman enterprises has an equity multiplier of 231 times
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