Jphone inc has an equity multiplier of 138 total asset, Ask an Expert

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jPhone, Inc., has an equity multiplier of 1.38, total asset turnover of 1.6, and a profit margin of 10 percent.

What is the company's ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92802207

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