Multiple Choice
The Blue Lagoon has a return on equity of 23.62 percent, an equity multiplier of 1.48, and a capital intensity ratio of 1.06.What is the profit margin?
A) 15.06 percent
B) 13.57 percent
C) 15.84 percent
D) 16.92 percent
E) 14.60 percent
Correct Answer:
Verified
Correct Answer:
Verified
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