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

Return on assets = 5.5%, Total assets Rs 3,000 and common equity Rs 1,

1.	Return on assets = 5.5%, Total assets Rs 3,000 and common equity Rs 1,050 then return on equity would be$?
A.	Rs 22,275.00
B.	15.71%
C.	1.93%
D.	1.925 times
Answer» C. 1.93%