What was the firm roe, ABC had a net profit margin (net

What was the firm roe

Reference no: EM131923409

Question: ABC had a net profit margin (net income / sales) of 3.5 percent, a total assets turnover (Sales / Assets) of 2.4, and an equity multiplier (Assets / Equity) of 6.2. Given this information, what was the firm's ROE? (Enter your answer in decimal form to three decimal places, which means convert the percentage into decimal form. For example, 12.3% would be entered as 0.123)

Reference no: EM131923409

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