Calculate the Return on Equity Given the Following Information: Common

question 110

Multiple Choice

Calculate the return on equity given the following information: common shares outstanding = 250,000; earning per share = $2.00; total assets = $2,000,000; total equity = $800,000.

• A) 61.50%
• B) 62.50%
• C) 63.50%
• D) 64.50%
• E) 65.50%

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