Question: Using the Du Pont Identity Method, calculate return on equity given the following information. Profit margin 18%; total asset turnover 0.70; equity multiplier 1.1. Top

Using the Du Pont Identity Method, calculate return on equity given the following information. Profit margin 18%; total asset turnover 0.70; equity multiplier 1.1.

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  • 13.86%
  • 15.86%
  • 16.16%
  • 14.16%
  • 12.16%

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