Using the Du Pont Identity Method, calculate the equity multiplier given the following information. Profit margin 17%; total asset turnover 0.88; return on equity 17.95%.
A) 1.6
B) 1.4
C) 1.2
D) 1.0
E) 0.8

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The Answer of Using the Du Pont Identity Method, calculate the equity multiplier given the following information. Profit margin 17%; total asset turnover 0.88; return on equity 17.95%.
A) 1.6
B) 1.4
C) 1.2
D) 1.0
E) 0.8

Using the Du Pont Identity Method, Calculate the Equity Multiplier