Solved: A firm has a return on equity of 162 percent a debt-equity, Business Management

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A firm has a return on equity of 162 percent a debt-equity

A firm has a return on equity of 16.2 percent, a debt-equity ratio of 44 percent, a capital intensity ratio of 1.08, a current ratio of 1.25, and current assets of $138,000. What is the profit margin?

The right answer should be 12.15%, but I still could not get the right answer.

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Business Management: A firm has a return on equity of 162 percent a debt-equity

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Business Management: A firm has a return on equity of 162 percent a debt-equity

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