Given the Following Information, Calculate the Return on Equity for Regrets

question 21

Multiple Choice

Given the following information, calculate the return on equity for Regrets Only Dating Services, Inc.: Net Profit margin = 5%
Total asset turnover = 2
Debt ratio = 0.73

• A) 14%
• B) 7.3%
• C) 37%
• D) 21%

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Definitions:

WTO

The World Trade Organization, an international body that deals with the rules of trade between nations, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.

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European Union

A political and economic union consisting of 27 European countries that have agreed to follow common economic, social, and security policies.

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