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Will upvote!! Please answer quickly :)) During 20Y5, Cone Corporation reports average total assets of $175,000, sales revenues of $218,750, and net income of $35,000.
Will upvote!! Please answer quickly :))
During 20Y5, Cone Corporation reports average total assets of $175,000, sales revenues of $218,750, and net income of $35,000. Throughout 20Y5, Cone's debt to equity ratio was 1.65. What is Cone's return on equity in 20Y5 ? Round to the nearest whole number and do not enter a percent sign or a decimal point (e.g., enter 89, not 89.0% or 0.89 )
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