Exhibit 19-5
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)

question 26

Multiple Choice

Exhibit 19-5
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)
You are provided with the following information about Albermarle Corp. $\begin{array}{lr} \text { Income Statement Data } &\\ \text { Sales } &542 \\ \text { Operating Income } &38 \\ \text { Depreciation } &3 \\ \text { Interest Expense } &3 \\ \text {Pretax Income } &32 \\ \text {Income Taxes } &13 \\ \text { Net Income after tax } &19\\\\ \text { Balance Sheet Data } &\\ \text { Fixed Assets } &41\\ \text { Total Assets } &245\\ \text {Working Capital } &123\\ \text { Total Debt } &16\\ \text { Equity } &159\\\end{array}$
-Refer to Exhibit 19-5. Calculate the return on equity (ROE) .

• A) 15%
• B) 12%
• C) 32%
• D) 9%
• E) 7%

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