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What is the dollar value of equity

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Problem: Sales for Company Y are $100,000 in 201X and the net profit margin is 9.0%. The Return on Equity is 20%. What is the dollar value of Equity?

Reference no: EM132415637

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What is the dollar value of equity : Sales for Company Y are $100,000 in 201X and the net profit margin is 9.0%. The Return on Equity is 20%. What is the dollar value of Equity?
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