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can anyone solve this question???

Q Determine firm's total assets turn over if its net profit margin is 5%, total assets are 8 million and return on equity 8%, so can you determine the firm's total asset turn over???

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This is related to DuPont Indentity

ROE = Profit Margin (Profit/Sales) * Total Asset Turnover (Sales/Assets) * Equity Multiplier (Assets/Equity)

nice AAmir good now let me check if there is correct answer.


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