Multiple Choice
If, for the S&P Industrials Index, the profit margin was 0.35 and the equity turnover ratio was 10, the ROE would be
A) 0.035 percent.
B) 2.857 percent.
C) 3.500 percent.
D) 28.57 percent.
E) 35.00 percent.
Correct Answer:

Verified
Correct Answer:
Verified
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