Question
Universial Ind. generate a net income of $15 million from $90 million in sales. It has $200 million in total assets and $75 million in
Universial Ind. generate a net income of $15 million from $90 million in sales. It has $200 million in total assets and $75 million in debt. It has negligible other liabilities. What is its return on equity (ROE)? A. 5.5% B. 12% C. 20% D. 45%
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Working Capital Management And Finance A HandBook For Bankers And Finance Managers
Authors: R.K.Gupta, Himanshu Gupta
4th Edition
1645875547, 9781645875543
