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Thyme, Inc. has total assets of $72,000, a debt-equity ratio of 0.8, and net income of $7,700. What is the return on equity? o 24.14

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Thyme, Inc. has total assets of $72,000, a debt-equity ratio of 0.8, and net income of $7,700. What is the return on equity? o 24.14 percent 27.78 percent 22.56 percent 19.25 percent QUESTIONS 4 points Ivy, Inc. has sales of $359,000, cost of goods sold of $204,000, depreciation of $5,900, and interest expense of $35,100. The tax rate is 21 percent. What is the times interest earned ratio? - O 3.21 O 4.25 2.23 O 1.94

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