(DuPont analysis) Triangular Chemicals has total assets of $100 million, a return on equity of 42 percent, a net profit margin of 5.2 percent, and an equity multiplier of 2.47. How much are the firm's sales? The company's total sales are $ million. (Round to one decimal place.) ...

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 5P: Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are...
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(DuPont analysis) Triangular Chemicals has total assets of $100 million, a return on equity of 42 percent, a net profit margin of 5.2 percent, and an equity multiplier of
2.47. How much are the firm's sales?
The company's total sales are $
million. (Round to one decimal place.)
Transcribed Image Text:(DuPont analysis) Triangular Chemicals has total assets of $100 million, a return on equity of 42 percent, a net profit margin of 5.2 percent, and an equity multiplier of 2.47. How much are the firm's sales? The company's total sales are $ million. (Round to one decimal place.)
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