Catherine's Consulting paid dividends of $3,300 and total equity of $39,450.The debt-equity ratio is 1 and the plowback ratio is 40 percent.What is the return on assets?
A)6.24 percent
B)6.09 percent
C)7.23 percent
D)6.97 percent
E)5.72 percent

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The Answer of Catherine's Consulting paid dividends of $3,300 and total equity of $39,450.The debt-equity ratio is 1 and the plowback ratio is 40 percent.What is the return on assets?
A)6.24 percent
B)6.09 percent
C)7.23 percent
D)6.97 percent
E)5.72 percent

Catherine's Consulting Paid Dividends of $3,300 and Total Equity of $39,450.The