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What amount of common equity does legacy have

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Reference no: EM132837176

Legacy Cleaning has a debt ratio equal to 40 percent, total assets equal to $750,000, return on assets (ROA) at 6 percent, and total assets turnover of 3.0.

Problem (a) If it has no preferred stock, what amount of common equity does Legacy have?

Problem (b) What is Legacy's Net Profit Margin?

Reference no: EM132837176

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