Identity to calculate the company profit margin

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Problem 1: A company's financial ratios include return on equity of 18.6%, equity multiplier of 1.65, and total asset turnover of 1.21. Use the Du Pont Identity to calculate the company's profit margin.

Select one:

a. 9.3%
b. 9.1%
c. 9.5%
d. 9.9%
e. 9.7%

Reference no: EM133000771

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