High School

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JPhone, Inc. has an equity multiplier of 1.40, a total asset turnover of 1.69, and a profit margin of 7 percent.

Answer :

Final answer:

The student is asking about financial ratios for Phone, Inc., including equity multiplier, total asset turnover, and profit margin.

Explanation:

The subject of this question is Business. The student is given three financial ratios for Phone, Inc.: equity multiplier, total asset turnover, and profit margin. Equity multiplier is a financial ratio that measures the proportion of a company's assets that have been financed by its shareholders' equity. Total asset turnover measures how efficiently a company is using its assets to generate revenue. Profit margin represents the percentage of revenue that is left after deducting all expenses and taxes, indicating the company's ability to generate profits.

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