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RBC, Inc., has sales of $10,000 and $8000 in Net Fixed Asset and $1000 in current assets , debt/equity ratio of 1.25 and a$ 750
RBC, Inc., has sales of $10,000 and $8000 in Net Fixed Asset and $1000 in current assets , debt/equity ratio of 1.25 and a$ 750 in profits. Calculate Return on Equity using Dupont identity ROE= Profit margin* Total Asset Turnover* Equity Multiplier |
A) 9.39%
B) 18.75%
C) 21%
D) 12.03%
E) 93.75%
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