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If net profit margin is 10 total assets turnover 2 times...

This question belongs to Commerce Miscellaneous In Commerce
Miscellaneous in Commerce
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If net profit margin is 10%, total assets turnover 2 times, and the total debts to total assets ratio 0.6 the return on equity will be:

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Correct Answer: Option A
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1 Comment
Nitesh Akela
Nitesh Akela 3 years ago
I think answer would be 50% according to Dupont ROE formula
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