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Top Sound, Inc. has total assets of $212,000, and net income of $9,500 and a debt-equity ratio of 0.76. What is the return on equity?

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Top Sound, Inc. has total assets of $212,000, and net income of $9,500 and a debt-equity ratio of 0.76. What is the return on equity? ered 12.00 stion Select one: a. 2.54% b. 1.075% c. 7.88% d. 8.78% Katie's Clothes has sales of $417,500, a profit margin of 7 percent, and a capital intensity ratio of 0.9. What is the total asset turnover rate? arered

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