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What is the roe for sheridan enterprises

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Quetsion 1: Sheridan Enterprises has a total asset turnover of 2.3 and a net profit margin of 7.8%. If its equity multiplier is 1.30, what is the ROE for Sheridan Enterprises? (Round answer to 2 decimal places, e.g. 12.25%.)

Reference no: EM132544295

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