Needham pharmaceuticals has a profit margin of 55 and an


Needham Pharmaceuticals has a profit margin of 5.5% and an equity multiplier of 2.2. Its sales are $110 million and it has total assets of $54 million. What is its Return on Equity (ROE)? Round your answer to two decimal places.

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Financial Management: Needham pharmaceuticals has a profit margin of 55 and an
Reference No:- TGS02150258

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