Financial Reporting and Analysis Q207
207The financial ratios of a company are given below:
| Operating profit margin | 23.8% |
| Net profit margin | 14% |
| Total asset turnover | 0.9 |
| Return on assets | 12.6% |
| Financial leverage | 1.88 |
| Debt to equity | 0.88 |
The company’s return on equity (ROE) is closest to:
