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A Firm Has a Net Profit/pretax Profit Ratio of 0

question 70

Multiple Choice

A firm has a net profit/pretax profit ratio of 0.6, a leverage ratio of 1.5, a pretax profit/EBIT of 0.7, an asset turnover ratio of 4, a current ratio of 2, and a return-on-sales ratio of 6%. Its ROE is ________.


Definitions:

Mitosis

A type of cell division that results in two daughter cells each having the same number and kind of chromosomes as the parent nucleus, typical of ordinary tissue growth.

Meiosis

A type of cell division that reduces the chromosome number by half, resulting in the production of four gamete cells, fundamental for sexual reproduction.

Menstruation

A natural biological process in females involving the shedding of the uterine lining, typically occurring monthly as part of the reproductive cycle.

Mitosis

A process of cell division in eukaryotic cells by which a single cell divides into two genetically identical daughter cells, important for growth and repair.

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