单选题
An analyst has calculated the following ratios for a company:
| Operating profit margin | 17.5% |
| Net profit margin | 11.7% |
| Total asset turnover | 0.89 times |
| Return on assets (ROA) | 10.4% |
| Financial leverage | 1.46 |
| Debt to equity | 0.46 |
The company's return on equity (ROE) is closest to:
【正确答案】
A
【答案解析】
Using DuPont analysis, there are two ways to calculate ROE from the information provided:
