Doublewide Dealers has an ROA of 10 percent, a 2 percent profit margin, and a return on

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Doublewide Dealers has an ROA of 10 percent, a 2 percent profit margin, and a return on equity equal to 15 percent. What is the company’s total assets turnover? What is the firm’s equity multiplier?

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Financial management theory and practice

ISBN: 978-0324422696

12th Edition

Authors: Eugene F. Brigham and Michael C. Ehrhardt

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