What is the return on equity if net income was $55,000, total assets a
What is the return on equity if net income was $55,000, total assets are $115,000, EBIT was $100,000, and equity is $75,000?
A) 47.8%
B) 63.1%
C) 73.3%
D) 87.0%
E) 55.0%
ANSWER
C
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