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In 2021, Blackboard Inc. had sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firms total-debt-to-total-assets ratio was
- In 2021, Blackboard Inc. had sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firms total-debt-to-total-assets ratio was 45.0%. Based on the DuPont equation, what was the ROE?
a. 13.82%
b. 14.51%
c. 15.23%
d. 16.00%
e. 16.80%
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Handbook Of High Frequency Trading
Authors: Greg N. Gregoriou
1st Edition
0128022051, 978-0128022054
