Multiple Choice
Kelso's has a return on equity of 16.2 percent,a debt-equity ratio of 44 percent,a capital intensity ratio of 1.08,a current ratio of 1.25,and current assets of $138,000.What is the profit margin?
A) 12.15 percent
B) 9.72 percent
C) 7.48 percent
D) 15.19 percent
E) 13.69 percent
Correct Answer:
Verified
Correct Answer:
Verified
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