Problema company has a return on equity of 20 percent a, Ask an Expert

Finance

Problem:

A company has a return on equity of 20 percent, a debt ratio of 53 percent, and a profit margin (PM) of 12 percent. The company's total assets equal $550 million.

Question: Determine the level of sales for this company?

Please provide all calculation and formulas.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91145690

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