Multiple Choice
Precision Aviation had a profit margin of 6.25%,a total assets turnover of 1.5,and an equity multiplier of 1.8.What was the firm's ROE?
A) 15.23%
B) 16.03%
C) 16.88%
D) 17.72%
E) 18.60%
Correct Answer:
Verified
Correct Answer:
Verified
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