Solution-Calculate vintage return on equity

Calculate vintage return on equity

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Reference no: EM131190204

Vintage, Inc. has a total asset turnover of 1.16 and a net profit margin of 5.76 percent. The total assets to equity ratio for the firm is 1.5. Calculate Vintage's return on equity.

Round the answers to two decimal places in percentage form.

Reference no: EM131190204

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Calculate vintage return on equity : Vintage, Inc. has a total asset turnover of 1.16 and a net profit margin of 5.76 percent. The total assets to equity ratio for the firm is 1.5. Calculate Vintage's return on equity.

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Calculate vintage return on equity

Reference no: EM131190204

Reference no: EM131190204

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