Question: Please provide the correct answer to this general accounting problem using accurate calculations. Greenfield Manufacturing Inc. has the following financial data: Profit Margin: 6% +

Please provide the correct answer to this general accounting problem using accurate calculations.

Greenfield Manufacturing Inc. has the following financial data: Profit Margin: 6% + Equity Multiplier: 2.5 Sales: $400 million Total Assets: $160 million What is Greenfield Manufacturing's Return on Equity (ROE)? A. 15% B. 12% Cc. 10% D. 13%

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