Question
3. The records of Everyday Electronics Corporation for a particular period include the following: Average total assets $760,000 Average total liabilities 485,000 Total revenue
3. The records of Everyday Electronics Corporation for a particular period include the following: Average total assets $760,000 Average total liabilities 485,000 Total revenue 200,500 Total expenses (including income tax) 135,000 The return on equity ratio is closest to: A. 13.2% B. 23.8% C. 24.0% D. 8.4%
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Microeconomics A Contemporary Introduction
Authors: William A. McEachern
9th edition
978-1111415921
