Multiple Choice
What is the return on stockholders' equity for a firm with a net profit margin of 5.2 percent, sales of $620,000, an equity multiplier of 1.8, and total assets of $380,000?
A) 8.48%
B) 5.74%
C) 15.27%
D) 9.36%
Correct Answer:
Verified
Correct Answer:
Verified
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