Question: Based on the following data, what is the return on investment for this firm? Equity = $4 million Current Assets = 2 million Net profit
Based on the following data, what is the return on investment for this firm?
Equity = $4 million
Current Assets = 2 million
Net profit margin = 12%
Fixed Assets = $9 million
Sales = $15 million
EBIT = $12 million
Please write it in words. Quick
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