Exhibit 10.4
Use the Information Below for the Following Problem(S)
You are provided with the following information about MaxCorp.
$\begin{array}{c}
\begin{array}{lll}
\text{Net sales}\
\text{Total Assets}\
\text{Depreciation}\
\text{Net Income}\
\text{Long term Debt}\
\text{Equity}\
\text{Dividends}\
\end{array}
\begin{array}{lll}
&&&
\end{array}
\begin{array}{lll}
5000\
3000\
260\
600\
2000\
2160\
160\
\end{array}
\end{array}$
-Refer to Exhibit 10.4.Calculate the return on equity (ROE).
A) 20.4%
B) 17.8%
C) 22.4%
D) 27.8%
E) 30.4%

Question

Exhibit 10.4
Use the Information Below for the Following Problem(S)
You are provided with the following information about MaxCorp.
 $\begin{array}{c}
\begin{array}{lll}
\text{Net sales}\
\text{Total Assets}\
\text{Depreciation}\
\text{Net Income}\
\text{Long term Debt}\
\text{Equity}\
\text{Dividends}\
\end{array}
\begin{array}{lll}
&&&
\end{array}
\begin{array}{lll}
5000\
3000\
260\
600\
2000\
2160\
160\
\end{array}
\end{array}$
-Refer to Exhibit 10.4.Calculate the return on equity (ROE).
A) 20.4%
B) 17.8%
C) 22.4%
D) 27.8%
E) 30.4%

Quizplus · Accepted Answer

The Answer of Exhibit 10.4
Use the Information Below for the Following Problem(S)
You are provided with the following information about MaxCorp.
 $\begin{array}{c}
\begin{array}{lll}
\text{Net sales}\
\text{Total Assets}\
\text{Depreciation}\
\text{Net Income}\
\text{Long term Debt}\
\text{Equity}\
\text{Dividends}\
\end{array}
\begin{array}{lll}
&&&
\end{array}
\begin{array}{lll}
5000\
3000\
260\
600\
2000\
2160\
160\
\end{array}
\end{array}$
-Refer to Exhibit 10.4.Calculate the return on equity (ROE).
A) 20.4%
B) 17.8%
C) 22.4%
D) 27.8%
E) 30.4%

Exhibit 10 -Refer to Exhibit 10