Question: Please provide the accurate answer to this general accounting problem using valid techniques. If Fletcher Enterprises has an equity multiplier of 1.45, total asset turnover

Please provide the accurate answer to this general accounting problem using valid techniques.

If Fletcher Enterprises has an equity multiplier of 1.45, total asset turnover of 1.4, and a profit margin of 5.8 percent, what is its ROE? Options: A. 11.74 B. 11.82 C. 12.05 D. 10.65

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