Return on assets = 5.5%, Total assets $3,000 and common equity $1,050 then return on equity would be_________? January 15, 2019 – by admin Return on assets = 5.5%, Total assets $3,000 and common equity $1,050 then return on equity would be_________? A. $22,275 B. 15.71%(Correct) C. 1.93% D. 1.925 times
Return on assets = 5.5%, Total assets $3,000 and common equity $1,050 then return on equity would be_________? A. $22,275 B. 15.71%(Correct) C. 1.93% D. 1.925 times