Based on the levers of performance listed below, what is the Return on Equity of Crabtree Industries below?
June 24th, 2022
Crabtree Insustries
Profit Margin = .23
Asset Turnover = 1.1
Assets/Equity = 1.3
Expert Answer
ROE = 0.23 * 1.1 * 1.3
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Based on the levers of performance listed below, what is the Return on Equity of Crabtree Industries below?
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=0.33