Vintage inc has a total asset turnover of 074 and a net, Financial Management

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Vintage inc has a total asset turnover of 074 and a net

Question

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: Vintage inc has a total asset turnover of 074 and a net

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Financial Management: Vintage inc has a total asset turnover of 074 and a net

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