What Is the Return on Equity If Net Income Was

question 37

Multiple Choice

What is the return on equity if net income was $55,000,total assets are $115,000,EBIT was $100,000,and equity is $75,000?

• A) 47.8%
• B) 63.1%
• C) 73.3%
• D) 87.0%
• E) 55.0%

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Actions or activities designed to modify a process, situation, or behavior to improve the outcome.

Short-term Objectives

Specific, measurable goals set to be achieved in the near future, serving as stepping stones towards long-term aims.

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A systematically arranged group of items that are maintained and managed according to certain criteria or for specific purposes.

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Specific methods and practices used in conducting scientific or scholarly investigation.