Multiple Choice
Which of the following firms would be expected to have a high ROE?
A) a medical supply company that provides very precise instruments at a high price to large medical establishments such as hospitals
B) a high-end fashion retailer that has a very high mark-up on all items it sells
C) a brokerage firm that has high levels of leverage
D) a grocery store chain that has very high turnover, selling many multiples of its assets per year
Correct Answer:
Verified
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