Question: If ROA (return on assets) = 21% and if ROE (return on equity) = 48%, what is the firm's equity multiplier (i.e., Total assets/Equity). Thanks
If ROA (return on assets) = 21% and if ROE (return on equity) = 48%, what is the firm's equity multiplier (i.e., Total assets/Equity).
Thanks so much for the help!
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