What Is the Return on Equity If Sales Are $130,000

question 64

Multiple Choice

What is the return on equity if sales are $130,000, net income is $25,700, beginning Stockholders' Equity is $93,000, and ending common Stockholders' Equity is $87,000? (Round your final answer to two decimal places, X.XX%)

• A)72.22%
• B)27.63%
• C)29.54%
• D)28.56%

---

Definitions:

Privacy

Pertains to the right of individuals to keep their personal information secure and free from unauthorized access.

Online Conduct

The manner in which individuals or organizations behave on the internet, including actions and ethical considerations.

Legal Actions

Formal steps taken within the judicial system to enforce or protect rights, or to seek redress or remedies for wrongs.

E-mail Ads

Advertisements sent to potential customers through electronic mail as part of a marketing strategy.