If,for the S&P Industrials Index,the Profit Margin Was 0

question 102

Multiple Choice

If,for the S&P Industrials Index,the profit margin was 0.30 and the equity turnover ratio was 11,the ROE would be:

• A) 0.033%
• B) 3.300%
• C) 33.00%
• D) 36.70%
• E) 333.00%

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