Multiple Choice
Computer Geeks has sales of $618,900, a profit margin of 13.2 percent, a total asset turnover rate of 1.54, and an equity multiplier of 1.06.What is the return on equity?
A) 18.91 percent
B) 12.67 percent
C) 18.28 percent
D) 22.11 percent
E) 21.55 percent
Correct Answer:
Verified
Correct Answer:
Verified
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