Question:

Precision Aviation had a profit margin of 6.25%, a total

Last updated: 8/12/2022

Precision Aviation had a profit margin of 6.25%, a total

Precision Aviation had a profit margin of 6.25%, a total assets turnover of 1.5, and an equity multiplier of 1.8. What was the firm's ROE? O a. 20.93% O b. 16.88% c. 13.84% d. 14.34% e. 17.72%