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    Contemporary Financial Management Study Set 2
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    Exam 3: Evaluation of Financial Performance
  5. Question
    Given the Following Information, Calculate the Return on Equity for Regrets
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Given the Following Information, Calculate the Return on Equity for Regrets

Question 21

Question 21

Multiple Choice

Given the following information, calculate the return on equity for Regrets Only Dating Services, Inc.: Net Profit margin = 5%
Total asset turnover = 2
Debt ratio = 0.73


A) 14%
B) 7.3%
C) 37%
D) 21%

Correct Answer:

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