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Use the following information for RGB inc EBIT/Revenure=10% Tax Retention rate=60% Revenue/assets=1.7 times Current ratio= 2 times EBT/EBIT=0.8 Assets/Equity=1.8 times RGB inc return on equity:
Use the following information for RGB inc
EBIT/Revenure=10%
Tax Retention rate=60%
Revenue/assets=1.7 times
Current ratio= 2 times
EBT/EBIT=0.8
Assets/Equity=1.8 times
RGB inc return on equity:
A)10.5%
B)14.6%
C)18.5%
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