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Gardial & Son has an ROA of 12%, a 5% profit margin, and a return on equity equal to 20%. What is the company's total assets turnover? What is

Gardial & Son has an ROA of 12%, a 5% profit margin, and a return on equity equal to 20%. What is the company’s total assets turnover? What is the firm’s equity multiplier?
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Please find attached the solution! Thanks!... View the full answer

8525967.xlsx

8525967.xlsx

Inputs
ROA
Profit Margin
ROE 12%
5%
20% Formula
Net profit/Total Assets
Net Profit/Total Sales
Net Profit/Total Equity Solution
ROA = Net Profit/Total Assets
ROA can also be written as: (Net...

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