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Here's some info for a company, total assets = $50,000,000 total liabilities = 30,000,000 coverage ratio = 4.0 profit margin = 5% sales = $40,000,000
Here's some info for a company,
total assets = $50,000,000 total liabilities = 30,000,000 coverage ratio = 4.0
profit margin = 5% sales = $40,000,000
what is the companies return on equity?
a. 10%
b. 5%
c. 7.5%
d. 12.5%
e. 15%
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