Return on assets = 5.5%, Total assets $3,000 and common equity $1,050 then return on equity would be_________?

Finance Mcqs

Return on assets = 5.5%, Total assets $3,000 and common equity $1,050 then return on equity would be_________?

(A) $22,275

(B) 15.71%

(D) 1.925 times

Submitted By: Ali Uppal

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