Question: 2 Moving to another question will save this response. Question 8 CLO5 Al Barsha company has the following data. Net income = 700,000 Sales =

2 Moving to another question will save this response. Question 8 CLO5 Al Barsha company has the following data. Net income = 700,000 Sales = 2,100,000 Total Assets=2,800,000 Equity multiplier (Leverage ratio) = 0.67 Calculate the return on equity of Al Barsha company (Note write out any formula used and provide step by step calculation) (10 marks) TT T Arial 3 (12pt) TE

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