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In 2015, Camilla's Pet Stores, Inc., reported an ROA of 9.24 percent, ROE of 15.8 percent, and profit margin of 21.2 percent. The firm had
In 2015, Camilla's Pet Stores, Inc., reported an ROA of 9.24 percent, ROE of 15.8 percent, and profit margin of 21.2 percent. The firm had total assets equal to $12.8 million at the end of 2015. What's common stockholders' equity as of year-end 2015 for Camilla's Pet Stores, Inc.?
A. $7.5 million B. $8.1 million C. $6.7 million D. $9.3 million
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