Question: Back to Assignment Koop the Highest/1 Attempts 6. Problem 3-05 (ROE) cBook ROE Needham Pharmaceuticals has a pront margin of 4% and an equity multiplier

Back to Assignment Koop the Highest/1 Attempts 6. Problem 3-05 (ROE) cBook ROE Needham Pharmaceuticals has a pront margin of 4% and an equity multiplier of 1.7. its sales are 150 million and it has total assets of $60 million. What is its return on equity (ROE)? Do not round Intermediate calculations, Round your answer to two decimal places Grade It Now Save & Continue Continue without saving

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