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  3. a company's profit margin is 15.5%, its asset turn

A company's profit margin is 15.5%, its asset turnover 0.72, and its financial leverage is...

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Accounting

A company's profit margin is 15.5%, its asset turnover 0.72, and its financial leverage is 3.25. Determine the company's return on shareholders' equity.

a.28.4%

b.51.7%

c.42.5%

d.36.3%

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