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Question 19 5 pts What is the ROE for 2008? 2007 2009 $ 2,820 S 2,570 $ 7,875 $ 8,100 Balance Sheet (in Millions) 2002
Question 19 5 pts What is the ROE for 2008? 2007 2009 $ 2,820 S 2,570 $ 7,875 $ 8,100 Balance Sheet (in Millions) 2002 2008 Current Assets Current Liabilities Cash S 310 S 405 Accounts receivable 2,640 3,055 Long-term debe Inventory Owners' Equity Total 5.625 $ 710 Common stock Fixed assets S1096 S10020 Retained carings Total Total assets S1Z185 $17.900 Total liabilities and equity Income Statement (in Millions) Sales $9.610 Cost of Goods Sold 6,310 Depreciation 1.370 EBIT 1930 $5,000 $5.250 1420 2660 $26.490 5 7310 S17186 $17.980 1,300 Taxable income Net Income 455 $ 845 etv A le W ook Solutions Ch... C Finance Recent Questic What is the ROE for 2008? 11.56% 16.1% 17.78% None of the above 4.7%
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