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

question 177

Multiple Choice

If, for the S&P Industrials Index, the profit margin was 0.35 and the equity turnover ratio was 10, the ROE would be

• A) 0.035 percent.
• B) 2.857 percent.
• C) 3.500 percent.
• D) 28.57 percent.
• E) 35.00 percent.

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