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Calculate the return on equity for peter pan transport inc

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Reference no: EM132999127

Question 1: Peter Pan Transport Inc. has equity multiplier of 1.8x; total debt is $144,400. Calculate the ROE (Return On Equity) given that profit margin is 8.6% and total sales are $317,000.

Reference no: EM132999127

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Calculate the return on equity for peter pan transport inc : Peter Pan Transport Inc. has equity multiplier of 1.8x; total debt is $144,400. Calculate the ROE (Return On Equity) given that profit margin is 8.6%.
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