Nadine Enterprises Has Total Assets of $240,000, a Debt-Equity Ratio

question 78

Multiple Choice

Nadine Enterprises has total assets of $240,000, a debt-equity ratio of 0.60, and a return on assets of 9%. What is the return on equity?

• A) 5.4%
• B) 5.6%
• C) 14.4%
• D) 15.0%

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Definitions:

Tailor Products

To customize or modify products to meet specific customer requirements or preferences, enhancing satisfaction and competitive advantage.

Global Company

A business entity that operates in multiple countries around the world, transcending national borders.

Differentiate Marketing

Marketing strategies that highlight the unique aspects of a product or service to distinguish it from competitors in the market.

Global Marketing Strategy

The way in which a firm decides which market segments to operate in, how it will position its offerings, and to what extent products and services will be standardized or differentiated in each market.