MCQOPTIONS
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| 1. |
The return on assets = 5.5%, Total assets $3,000 and common equity is $1,050 then the return on equity would be |
| A. | 22275 |
| B. | 0.1571 |
| C. | 0.01925 |
| D. | 1.925 times |
| Answer» C. 0.01925 | |