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(DuPont analysis) Triangular Chemicals has total assets of $104 million, a return on equity of 35 percent, a net profit margin of 4.9 percent, and an equity multiplier of 2.52. How much are the firm's sales? The company's total sales are $ million. (Round to one decimal place.) C

(DuPont analysis) Triangular Chemicals has total assets of $104 million, a return on equity of 35 percent, a net profit margin of 4.9 percent, and an equity multiplier of 2.52. How much are the firm's sales? The company's total sales are $ million. (Round to one decimal place.) C

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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(DuPont analysis) Triangular Chemicals has total assets of $104 million, a return on equity of 35 percent, a net profit margin of 4.9 percent, and an equity multiplier of 2.52. How much are the firm's sales? The company's total sales are $ million. (Round to one decimal place.)
Transcribed Image Text:(DuPont analysis) Triangular Chemicals has total assets of $104 million, a return on equity of 35 percent, a net profit margin of 4.9 percent, and an equity multiplier of 2.52. How much are the firm's sales? The company's total sales are $ million. (Round to one decimal place.)
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