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Question - Northwest Lumber had a profit margin of 12%, a total assets turnover of 1.5, and an equity multiplier of 1.8. What was the firm's ROE?
a. 32.31%
b. 32.40%
c. 32.58%
d. 32.67%
e. 32.49%
Over the past two years, Jonas Cone has used a dollar-cost averaging formula to purchase $300 worth of FCI common stock each month.
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