September – December 2023 Computer Geeks has sales $521,000, a profit margin of 14.8 percent, a total asset turnover rate of 2.16, and an…
Business & Finance
Computer Geeks has sales $521,000, a profit margin of 14.8 percent, a total asset turnover rate of 2.16, and an equity multiplier of 1.30. What is the return on equity?
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