Needham pharmaceuticals has a profit margin of 6 and an


Needham Pharmaceuticals has a profit margin of 6% and an equity multiplier of 2.5. Its sales are $110 million and it has total assets of $42 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 6 and an
Reference No:- TGS01730445

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