A firm has a (net profit/pretax profit)ratio of 0.6,a leverage ratio of 2,a (pretax profit/EBIT)of 0.6,an asset turnover ratio of 2.5,a current ratio of 1.5,and a return on sales ratio of 4%.The firm's ROE is _________.
A)4.2%
B)5.2%
C)6.2%
D)7.2%
E)none of the above

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The Answer of A firm has a (net profit/pretax profit)ratio of 0.6,a leverage ratio of 2,a (pretax profit/EBIT)of 0.6,an asset turnover ratio of 2.5,a current ratio of 1.5,and a return on sales ratio of 4%.The firm's ROE is _________.
A)4.2%
B)5.2%
C)6.2%
D)7.2%
E)none of the above

A Firm Has a (Net Profit/pretax Profit)ratio of 0