Orange Electronics Inc.has a profitability ratio of 0.14,an asset turnover ratio of 1.7,a debt to equity ratio of 0.60,and a total asset to equity ratio of 1.60.What is the firm's ROE?
A) 14.28%
B) 22.85%
C) 38.08%
D) 41.76%
Correct Answer:
Verified
Q41: Liquidity ratios address the question of whether
Q42: _ break(s)down the return-on-equity into three components.
A)The
Q43: The net income is $100,sales are $200,total
Q46: Return on equity can increase as a
Q47: A standard interpretation of the P/E ratio
Q49: Crabbe Natural Resources Inc.has a profitability ratio
Q52: _ is the percentage of sales dollars
Q55: Wilson Pharmaceutical Inc.has a profitability ratio of
Q56: Which of the statements below is TRUE?
A)DuPont
Q57: The higher the current ratio,the better.
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