The Saw Mill Has a Return on Assets of 6

question 48

Multiple Choice

The Saw Mill has a return on assets of 6.1 percent,a total asset turnover rate of 1.8,and a debt-equity ratio of 1.6.What is the return on equity?

• A)4.26 percent
• B)9.76 percent
• C)12.28 percent
• D)15.86 percent
• E)19.03 percent

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Definitions:

Direct Behaviors

Actions that are straightforward and unambiguous, often involving clear communication and immediate performance of tasks or directives.

Training Program

A structured course of activities designed to develop skills, knowledge, or behaviors.

Performance Determinant

A factor that significantly influences the outcome or level of performance in an activity or process.

Leaders

Individuals or entities that guide or direct others toward achieving specific goals.