If, for the S&P Industrials Index, the profit margin was 0.30 and the equity turnover ratio was 11, the ROE would be
A) 0.033 percent.
B) 3.300 percent.
C) 33.00 percent.
D) 36.70 percent.
E) 333.00 percent.

Question

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The Answer of If, for the S&P Industrials Index, the profit margin was 0.30 and the equity turnover ratio was 11, the ROE would be
A) 0.033 percent.
B) 3.300 percent.
C) 33.00 percent.
D) 36.70 percent.
E) 333.00 percent.

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