The total assets to equity ratio for the firm is 15


Vintage, Inc. has a total asset turnover of 0.74 and a net profit margin of 6.08 percent. The total assets to equity ratio for the firm is 1.5. Calculate Vintage’s return on equity. Round the answers to two decimal places in percentage form.

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Financial Management: The total assets to equity ratio for the firm is 15
Reference No:- TGS02298699

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