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Titan Co Has a Net Income of $236,000

Question 104

Multiple Choice

Titan Co. has a net income of $236,000. The firm has $1.4 million in assets and $300,000 in liabilities. What is the return on equity?


A) 5.65%
B) 7.875%
C) 12.40%
D) 16.86%
E) 21.45%

Correct Answer:

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