Intermediate Financial Management
Intermediate Financial Management
14th Edition
ISBN: 9780357516782
Author: Brigham, Eugene F., Daves, Phillip R.
Publisher: Cengage Learning
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Chapter 7, Problem 5P

Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are $100 million, and it has total assets of $50 million. What is its ROE?

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Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are $100 million, and it has total assets of $50 million.What is its ROE?
DTO, Inc., has sales of $32 million, total assets of $25 million, and total debt of $7 million.   a. If the profit margin is 6 percent, what is the net income?           b. What is the ROA?           c. What is the ROE?
ROE Needham Pharmaceuticals has a profit margin of 3.5% and an equity multiplier of 1.5. Its sales are $100 million and it has total assets of $60 million. What is its Return on Equity (ROE)? Round your answer to two decimal places.
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