Question: Chang Corp. has $ 3 7 5 , 0 0 0 of assets, and it uses only common equity capital ( zero debt ) .
Chang Corp. has $ of assets, and it uses only common equity capital zero debt Its sales for the last year were $ and its net income was $ Stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to What profit margin would the firm need to achieve the ROE, holding everything else constant?Do not round your intermediate calculations.
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