Find the ratio of net income after taxes to average owner's equity. Round to the nearest tenth of a percent.
-Owner's equity at beginning of year: $531,000. Owner's equity at end of year: $852,000. Net income after taxes: $10,500
A)2.1%
B)1.5%
C)2.0%
D)1.2%

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The Answer of Find the ratio of net income after taxes to average owner's equity. Round to the nearest tenth of a percent.
-Owner's equity at beginning of year: $531,000. Owner's equity at end of year: $852,000. Net income after taxes: $10,500
A)2.1%
B)1.5%
C)2.0%
D)1.2%

Find the Ratio of Net Income After Taxes to Average