A firm has ROE of 15% and a net profit margin of 4.5%.If the firm has 6.5 dollars in assets per dollar of equity,what is the firm's asset turnover ratio?
A)0.5
B)2
C)1
D)1.5
E)2.5

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The Answer of A firm has ROE of 15% and a net profit margin of 4.5%.If the firm has 6.5 dollars in assets per dollar of equity,what is the firm's asset turnover ratio?
A)0.5
B)2
C)1
D)1.5
E)2.5

A Firm Has ROE of 15% and a Net Profit