Profit for the year is $33,000 and equity is $158,000. What is the return on equity?
A) 2.09%
B) 4.8%
C) 20.9%
D) 47.9%
Correct Answer:
Verified
Q90: If a company had a total assets
Q91: How is the return on revenue calculated?
A)
Q92: How is the times-interest-earned ratio calculated?
A) by
Q93: What is most likely to have a
Q94: Which of the following is NOT an
Q96: Given the following information, what is the
Q97: Given the following information, what is the
Q98: Given the following information, what is the
Q99: Which ratios show the ability of a
Q100: Which ratios measure the overall operating effectiveness
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents