Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
bravata bravata
wrote...
Go to Answer
Posts: 1417
Rep: 1 0
8 years ago
The return on equity for a company that has sales of $43,000, net income of $13,000, and average Stockholders' Equity of $88,000 would be 48.86%.
Is this statement one that's true or false?
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
Read 184 times
1 Reply
Replies
Answer verified by a subject expert
antonio_johnantonio_john
wrote...
#1
Top Poster
Posts: 898
Rep: 47 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1
Massachusetts Institute of Technology
-- Accounting

Related Topics

bravata Author
wrote...

8 years ago
this is exactly what I needed
yen
wrote...

Yesterday
Thanks for your help!!
sweetalia
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Quick Reply
Bold
Italic
Underline
Strikethrough
Subscript
Superscript
Insert Math Equation
Font Name
Font Color
Align left
Center
Align right
Bullet list
Numbered list
Insert a horizontal rule
Insert a table
Insert a Quote
View source
Explore
Post your homework questions and get free online help from our incredible volunteers
  1354 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Show Emoticons
:):(;):P:D:|:O:?:nerd:8o:glasses::-):-(:-*O:-D>:-D:o):idea::important::help::error::warning::favorite:
Related Images
  
 682
  
 402
  
 296
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 452
Previous poll results: Do you trust social media networks with protecting your privacy?