Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. It sales are $100 million and it has total assets of $50 million. What is its ROE?
racquelacarey
Oct 17, 2011, 08:25 AM
Ace Industries has current assets equal to $3million. The company's current ratio is 1.5, and its quick ratio is 1.0. What is the firm's level of current liabilites? What is the firm's level of inventories.