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Thomas Company had income before interest and taxes of $133,000. Interest expense for the period was $18,300 and income taxes amounted to $29,800. The average
Thomas Company had income before interest and taxes of $133,000. Interest expense for the period was $18,300 and income taxes amounted to $29,800. The average stockholders' equity was $693,000. Thomas' return on equity (ROE) is closest to: Multiple Choice 14.89%. 12.25%. 16.55%. 19.19%. Bailey Corporation reported the following information for 2019: Net income Total assets Total stockholders' equity $24,000 19,000 6,600 What is Bailey's debt-to-equity ratio? Multiple Choice 2.88 1.88 1.94 2.06
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