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Home Q & A Board Other Fields Homework Help Business Accounting
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tivo tivo
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7 years ago
The return on equity for a company that has sales of $50,000, net income of $25,000 and average Stockholders' Equity of $125,000 is 20%.
Is this statement one that's true or false?
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
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largerthanlifelargerthanlife
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7 years ago
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tivo Author
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#2
7 years ago
Luckily this is the last business course I'll be taking. Thank you greatly
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