The Financial Statements of Midwest Tours Are Given Below

question 54

Multiple Choice

The financial statements of Midwest Tours are given below Note: The common shares are trading in the stock market for $36 each.
Refer to the financial statements of Midwest Tours. The firm's return on equity ratio for 2009 is

• A) 12.24%.
• B) 14.63%.
• C) 15.50%.
• D) 14.50%.
• E) 16.9%.

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