Pisces Pools Inc. has a net profit margin of 4%, a total asset turnover of 2.2, total

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Pisces Pools Inc. has a net profit margin of 4%, a total asset turnover of 2.2, total assets of $350 million, and total equity of $195 million. What is the company’s return on equity?

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Fundamentals Of Investing

ISBN: 9780135175217

14th Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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