Multiple Choice
What will be Gamma Inc.'s return on equity if total asset turnover is 0.85,operating profit margin is 0.15,two-thirds of its assets are financed through equity,and debt burden is 0.6?
A) 9.56%
B) 11.48%
C) 16.96%
D) 38.25%
Correct Answer:
Verified
Correct Answer:
Verified
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