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Other Fields Homework Help Accounting Topic started by: tivo on Feb 21, 2017



Title: What is the return on equity if sales are $100,000, net income is $22,700 and average common ...
Post by: tivo on Feb 21, 2017
What is the return on equity if sales are $100,000, net income is $22,700 and average common Stockholders' Equity is $86,000?
A) 22.7%
B) 26.4%
C) 86.0%
D) Cannot be determined from information given


Title: Re: What is the return on equity if sales are $100,000, net income is $22,700 and average common ...
Post by: antonio_john on Feb 21, 2017
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Title: Re: What is the return on equity if sales are $100,000, net income is $22,700 and average common ...
Post by: tivo on Apr 10, 2017
Luckily this is the last business course I'll be taking. Thank you greatly