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Williams oil company had a return on stockholder’s equity of 18 percent during 2007. Its total asset turnover was 1.0 times and its equity multiplier was 2.0 times. Calculate the company’s net profit margin
Williams oil company had a return on stockholder’s equity of 18 percent during 2007. Its total asset turnover was 1.0 times and its equity multiplier was 2.0 times. Calculate the company’s net profit margin