Suppose we have the following information: Sales = $112,851 Assets = $131,468 Net profit margin (NPM) = 17 percent Debt Ratio = 55 percent What is the return on equity (ROE)?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter2: Financial Statements, Cash Flow, And Taxes
Section2.8: Performance Evaluation
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Suppose we have the following information:
Sales $112,851
Assets $131,468
Net profit margin (NPM) = 17 percent
Debt Ratio
55 percent
What is the return on equity (ROE)?
=
Transcribed Image Text:Suppose we have the following information: Sales $112,851 Assets $131,468 Net profit margin (NPM) = 17 percent Debt Ratio 55 percent What is the return on equity (ROE)? =
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