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Wybro's Markets has sales of $684,000, costs of $437,000, Interest paid of $13,800, total assets of $712,000, and depreciation of $109,400. The tax rate Is
Wybro's Markets has sales of $684,000, costs of $437,000, Interest paid of $13,800, total assets of $712,000, and depreciation of $109,400. The tax rate Is 35 percent and the equity multiplier Is 1.6. What is the return on equity? 11.30% O 13.92% o 7.06% O 15.48% O 18.08%
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