Question
In 2014 XYZ Co. had sales of $74 billion and a net income of $23 billion, and its year-end total assets were $200 billion. The
In 2014 XYZ Co. had sales of $74 billion and a net income of $23 billion, and its year-end total assets were $200 billion. The firm's total debt to total assets ratio was 45.3%. What was XYZ Co.s Return on Equity (ROE) in 2014?
| 22.97% |
| 8.67% |
| 25.62% |
| 21.02% |
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Personal Finance In A Public World How Technology Social Media And Ads Affect Your Money Decisions
Authors: Bob DePasquale
1st Edition
1637306652, 978-1637306659
