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QUESTION
Vintage, inc. has a total asset turnover of 0.58 and a net profit margin of 3.09 percent. the total assets to equity ratio for the firm is 2.2. calculate vintage's return on equity.
Vintage, inc. has a total asset turnover of 0.58 and a net profit margin of 3.09 percent. the total assets to equity ratio for the firm is 2.2. calculate vintage's return on equity.
