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Answer :
Final answer:
The Return on Equity (ROE) for Rogers, Incorporated is 16.6%, calculated using the provided measures of Net Profit Margin, Asset Turnover and Equity Multiplier.
Explanation:
The student is asking for a calculation of the Return on Equity(ROE) for Rogers Incorporated. The ROE is a measure of profitability in relation to shareholders' equity. It can be calculated using the formula: ROE = (Net Profit Margin) x (Asset Turnover) x (Equity Multiplier). Plugging the given values into the formula, we get ROE = (0.07) x (1.69) x (1.4) = 0.16606 or 16.6%. Therefore, the ROE for Rogers Incorporated is 16.6%.
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