Question

Manufacturer A has a profit margin of 2%, a total asset turnover of 1.8 and an equity multiplier of 5.1. Manufacturer B has a profit margin of 2.5%, a total asset turnover of 1.3 and an equity multiplier of 4.6. How much total asset turnover should Manufacturer B have to match Manufacturer As ROE ion ○ 2.20 O 1.28 O 3.19 1.6
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Answer #1

1.6 is the Correct Answer

Details Calculations are shown in Image below

시요 ROE 9 3 YLT 19.36 % nufacturer A Mat Turn over Ratio. 18.36 ゾ 6--(-Round-off

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