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

Question 117

Multiple Choice

If,for the S&P Industrials Index,the profit margin was .25 and the equity turnover ratio was 12,the ROE would be:

A) 0.83%
B) 0.48%
C) 3.00%
D) 30.00%
E) 48.00%

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