Given a proﬁt margin = 10%, ROE = 20%, D/E = 1.5, and assets = $200, calculate sales.
A) $10
B) $160
C) $250
D) $640
E) $1,000

Name: Given a proﬁt margin = 10%, ROE = 20%, D/E = 1.5, and assets = $200, calculate sales. A) $10 B) $160 C) $250 D) $640 E) $1,000
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The Answer of Given a proﬁt margin = 10%, ROE = 20%, D/E = 1.5, and assets = $200, calculate sales.
A) $10
B) $160
C) $250
D) $640
E) $1,000

Given a Proﬁt Margin = 10%, ROE = 20%, D/E