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Unformatted text preview: holding everything else constant? Total assets = equity $312,900 Sales $620,000 Net income $24,655 Target ROE 15.00% Net income req'd to achieve target ROE $46,935 Profit margin needed to achieve target ROE 7.57%...
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This note was uploaded on 03/01/2012 for the course ACCOUTNING 550 taught by Professor Abner during the Spring '11 term at DeVry Houston.
- Spring '11