If, for the S&P Industrials Index, the profit margin was 0.35 and the equity turnover ratio was 10, the ROE would be
A) 0.035 percent.
B) 2.857 percent.
C) 3.500 percent.
D) 28.57 percent.
E) 35.00 percent.

Question

Quizplus · Accepted Answer

The Answer of If, for the S&P Industrials Index, the profit margin was 0.35 and the equity turnover ratio was 10, the ROE would be
A) 0.035 percent.
B) 2.857 percent.
C) 3.500 percent.
D) 28.57 percent.
E) 35.00 percent.

If, for the S&P Industrials Index, the Profit Margin Was