Use the Table for the Question(s) Below

question 48

Multiple Choice

Use the table for the question(s) below.
Consider the following income statement and other information:

-Luther's return on equity (ROE) for the year ending December 31,2006 is closest to:

• A) 2.0%
• B) 6.5%
• C) 8.4%
• D) 12.7%