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If,for the S&P Industrials Index,the Profit Margin Was 0

Question 23

Multiple Choice

If,for the S&P Industrials Index,the profit margin was 0.35 and the equity turnover ratio was 10,the ROE would be:

A) 0.035%
B) 2.857%
C) 3.500%
D) 28.57%
E) 35.00%

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