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crypto crypto
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A retailer has a return on net worth of 24 percent. If its asset turnover is 3 and its profit margin is 4.0 percent, what is its financial leverage?
A) 2 times
B) 2 percent
C) 4 times
D) 4 percent
Textbook 
Retail Management: A Strategic Approach

Retail Management: A Strategic Approach


Edition: 13th
Authors:
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voltenvolten
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