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Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN: 9781337395083
Author: Eugene F. Brigham, Phillip R. Daves
Publisher: Cengage Learning
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![Doublewide Dealers has a ROA of
10%, a 2% profit margin, and a ROE
of 15%.
a) What is its total assets turnover?
b) What is its equity multiplier?](https://content.bartleby.com/qna-images/question/79a196dc-8522-43a4-8969-f09c230b3a90/153f37e2-e999-46eb-a2d6-4b852d7b3481/vnz9skz_thumbnail.jpeg)
Transcribed Image Text:Doublewide Dealers has a ROA of
10%, a 2% profit margin, and a ROE
of 15%.
a) What is its total assets turnover?
b) What is its equity multiplier?
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