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QUESTION
Hello, I need help with this question, If Roten Rooter Inc, has an equity multiplier of 1.5, total asset turnover of 2.10, and a profit margin of 6.1...
Hello,
I need help with this question, If Roten Rooter Inc, has an equity multiplier of 1.5, total asset turnover of 2.10, and a profit margin of 6.1 percent. What is the ROE?
Please show formula and how you calculated the answer.
Thank you,
