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What was the firms roe

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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%

Reference no: EM132535262

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