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Question
Given the following for Mighty Manufacturing Company:Operating efficiency = 0. 1
Net income = $50,000,000
Net income margin = 0. 05
Total asset turnover = 3
Leverage = 1. 5
Retention rate = 0. 3
(a)Calculate ROA.
(b)Calculate ROE.
(c)Find the growth rate of dividends.
Answer
This answer is hidden. It contains 385 characters.
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