Given the Following Information, Calculate the Return on Equity for Chaus

question 144

Multiple Choice

Given the following information, calculate the return on equity for Chaus, Inc. Return on Sales= 5%
Total asset turnover = 2
Debt ratio = .73

• A) 14%
• B) 7.3%
• C) 37%
• D) 21%

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Definitions:

Solar Energy

Energy from the sun that is converted into thermal or electrical energy.

Atmospheric Content

The composition of gases and particles that make up the Earth's atmosphere.

Rainfall

The precipitation of water from clouds in the form of droplets, crucial for replenishing freshwater systems and supporting terrestrial life.

Highly Flammable

A characteristic of substances that easily ignite and burn in the presence of an ignition source.