If, for the S&P Industrials Index, the profit margin was 0.20 and the equity turnover ratio was 13, the ROE would be
A) 0.026 percent.
B) 2.600 percent.
C) 6.500 percent.
D) 26.00 percent.
E) 65.00 percent.

Question

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The Answer of If, for the S&P Industrials Index, the profit margin was 0.20 and the equity turnover ratio was 13, the ROE would be
A) 0.026 percent.
B) 2.600 percent.
C) 6.500 percent.
D) 26.00 percent.
E) 65.00 percent.

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