Comtel Corporations profit margin for the year was 30.3%; its asset turnover was .55 and its equity
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Comtel Corporations profit margin for the year was 30.3%; its asset turnover was .55 and its equity multiplier was 1.7. What was the company's return on equity?
Related Book For
Foundations of Finance The Logic and Practice of Financial Management
ISBN: 978-0132994873
8th edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
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