Its revenue is 200 million and it has total assets of 120


A firm has a profit margin of 5% and an equity multiplier of 1.6. Its revenue is $200 million, and it has total assets of $120 million? What is the firm's return on equity (ROE)?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Its revenue is 200 million and it has total assets of 120
Reference No:- TGS02672995

Now Priced at $10 (50% Discount)

Recommended (93%)

Rated (4.5/5)