What Is the Return on Equity If Net Income Was

question 37

Multiple Choice

What is the return on equity if net income was $55,000,total assets are $115,000,EBIT was $100,000,and equity is $75,000?

• A) 47.8%
• B) 63.1%
• C) 73.3%
• D) 87.0%
• E) 55.0%

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A lawyer and judge known for his investigation of figures during the Clinton administration, leading to the impeachment of President Bill Clinton.

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