Question
Multiple Choice Question Current Assets $50,000 Total Assets 88,000 Current Liabilities 20,000 Total Liabilities 40,000 Stockholders' Equity 48,000 Net Income 31,000 Given the above values,
Multiple Choice Question Current Assets $50,000 Total Assets 88,000 Current Liabilities 20,000 Total Liabilities 40,000 Stockholders' Equity 48,000 Net Income 31,000 Given the above values, determine the Return on Equity.
Multiple choice question.
A. 45.45%
B. 64.58%
C.154.84%
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Management Audits
Authors: Allan J. Sayle
3rd Edition
0951173901, 978-0951173909
