Carroll, Inc., has a total debt ratio of .75, total debt of $353,000, and net income of

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Carroll, Inc., has a total debt ratio of .75, total debt of $353,000, and net income of $18,750. What is the company's return on equity?

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Essentials of Corporate Finance

ISBN: 978-1259277214

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Jun 30, 2016 09:30 AM

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Carroll, Inc., has a total debt ratio of .75, total debt of $353,000, and net income of

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Return on equity measures the profitability of equity f...View the full answer

Essentials of Corporate Finance

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