Calculate the Return on Equity Given the Following Information: Common

question 48

Multiple Choice

Calculate the return on equity given the following information: common shares outstanding = 300,000; earning per share = $4.00; total assets = $5,000,000; total equity = $3,000,000.

• A) 40%
• B) 41%
• C) 42%
• D) 43%
• E) 44%

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Definitions:

Biological Components

Essential elements, structures, or molecules that are part of or necessary for the living organisms' life cycles and processes.

Phosphorus

A chemical element, essential for life, involved in many cellular processes, including energy transfer and the structure of DNA and RNA.

Inhalation

The act of drawing air or other substances into the lungs.

Primary Consumers

Organisms that feed directly on producers in a food chain, typically herbivores that eat plants.