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The return on assets = 5.5%, Total assets $3,000 and common equity is $1,050 then the return on equity would be _________?

/ Analysis of Financial Statements, Finance Mcqs / By
The return on assets = 5.5%, Total assets $3,000 and common equity is $1,050 then the return on equity would be _________?

A. 22275
B. 0.1571
C. 0.01925
D. 1.925 times