Question: 1. - Please calculate the return on equity for firm ABC given the following data: ABC Profit Margin on Sales is equal to 5% ABC

1. - Please calculate the return on equity for firm ABC given the following data:

ABC Profit Margin on Sales is equal to 5%

ABC Total Asset Turnover (TAT) is equal to 2 times

ABC Debt Ratio is equal to 0.73

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