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borteleto borteleto
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6 years ago
Bill's Bike Shop has a return on assets of 12%. Anton's assets = $100 while Anton's owner's equity = $40 and its debt equals $60. What is Bill's return on equity?
A) 18%
B) 20%
C) 30%
D) 12%
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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DeanaRayDeanaRay
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6 years ago
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borteleto Author
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6 years ago
This calls for a celebration Person Raising Both Hands in Celebration
gefa
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
branbran2k16
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2 hours ago
Helped a lot
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