What is the return on equity if net income was $55,000,total assets are $115,000,EBIT was $100,000,and equity is $75,000?
A) 47.8%
B) 63.1%
C) 73.3%
D) 87.0%
E) 55.0%

Name: What is the return on equity if net income was $55,000,total assets are $115,000,EBIT was $100,000,and equity is $75,000? A) 47.8% B) 63.1% C) 73.3% D) 87.0% E) 55.0%
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Quizplus · Accepted Answer

Return on equity = 11ea7fdb_fc2d_b2d7_a768_6f90b075cd44_TB2902_11 Return on equity = 11ea7fdb_fc2d_b2d8_a768_9f714910dacc_TB2902_11 = 73.3%

What Is the Return on Equity If Net Income Was