Using the Du Pont Identity Method, calculate the equity multiplier given the following information. Profit margin 19%; total asset turnover 1.5; return on equity 37.05%.
A) 1.2
B) 1.3
C) 1.4
D) 1.5
E) 1.6

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The Answer of Using the Du Pont Identity Method, calculate the equity multiplier given the following information. Profit margin 19%; total asset turnover 1.5; return on equity 37.05%.
A) 1.2
B) 1.3
C) 1.4
D) 1.5
E) 1.6

Using the Du Pont Identity Method, Calculate the Equity Multiplier