Below is selected information from Tricrop. $\begin{array}{lll}
&\underline{\text { Year } 1} &\underline{\text { Year } 2}\
\text { Net operating assets/common equity } & 1.37 & 1.53 \
\text { Net operating profit margin } & 19 \% & 21 \% \
\text { Income tax rate } & 47 \% & 28 \% \
\text { Revenues/average net operating } & 0.81 & 0.61 \
\text { assets } & & \
\text { EBIT/revenues } & 38 \% & 32 \%
\end{array}$
-Return on common equity for Year 1 is:

Question

Quizplus · Accepted Answer

The information provided indicates that Tricrop achieved a 21.08% return on common equity for Year 1.

Below Is Selected Information from Tricrop -Return on Common Equity for Year 1 Is: A)19

Below Is Selected Information from Tricrop -Return on Common Equity for Year 1 Is:
A)19