Tessler Farms Has a Return on Equity of 11

question 28

Multiple Choice

Tessler Farms has a return on equity of 11.28 percent, a debt-equity ratio of 1.03, and a total asset turnover of .87.What is the return on assets?

• A)5.56 percent
• B)8.06 percent
• C)13.67 percent
• D)15.24 percent
• E)17.41 percent

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Definitions:

Sociological Research

Scientific studies aimed at understanding social phenomena, structures, and patterns within human societies.

Deviant Behavior

Actions that violate the norms of a society or group.

Vertical Axis

Refers to the y-axis in a chart or graph, representing the range of values for a given variable.