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Business, 03.09.2019 20:10 charnaetoney13

Consider a retailing firm with a net profit margin of 3.6 %, a total asset turnover of 1.74, total assets of $ 44.4 million, and a book value of equity of $ 18.4 million. a. what is the firm's current roe? b. if the firm increased its net profit margin to 4.1 %, what would be its roe? c. if, in addition, the firm increased its revenues by 23 % (while maintaining this higher profit margin and without changing its assets or liabilities), what would be its roe?

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