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How much will Gamma Inc.'s equityholders earn given the following information: total asset turnover is 0.85,profit margin is 0.15,and debt-equity ratio is 0.25?
Articles of Incorporation
A document filed with a state government to legally document the creation of a corporation.
Corporation
A legal entity that is separate and distinct from its owners, which can enter into contracts, own assets, sue and be sued.
Piercing the Corporate Veil
A legal decision to treat the rights or duties of a corporation as the rights or liabilities of its shareholders or directors.
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