Use the information below to calculate the firm's return on common equity. Net profit margin =...
Use the information below to calculate the firm's return on common equity. Net profit margin = 12.56%; Debt ratio = 40.16%; Fixed asset turnover = 6; Total asset turnover = 2.6; Inventory turnover = 15.78.
Homework Answers
ROE=Profit Margin*total asset turnover ratio *1/(1-debt rario)
=12.56%*2.6*1/(1-40.16%)
return on common equity=54.57%
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Use the information below to calculate the firm's return on
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