Solved

GenTech Pharma Has Reported the Following Information: Sales/Total Assets =

Question 90

Multiple Choice

GenTech Pharma has reported the following information: Sales/Total assets = 2.89; ROA = 10.74%; ROE = 20.36%
What are the firm's profit margin and equity multiplier? Round your profit margin answer to one decimal place, and equity multiplier answer to two decimal places.


A) 7.1%; 0.53
B) 7.1%; 1.90
C) 3.7%; 0.53
D) 3.7%; 1.90

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions