Question
What is the return on equity if sales are 130,000 , net income is 23,000 and average common Stockholders' Equity is 89,000 ? (Round your
What is the return on equity if sales are 130,000 , net income is 23,000 and average common Stockholders' Equity is 89,000 ? (Round your final answer to one decimal place, X.X%.)
A.17.7 %
B. 25.8%
C.68.5 %
D. Cannot be determined from information given\
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Economics In Minutes 200 Key Concepts Explained In An Instant
Authors: Niall Kishtainy
1st Edition
1782066470, 9781782066477
