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Author Question: Calgary Corp. recently reported total assets of $27,000 and total common equity of $11,000 on its ... (Read 87 times)

hgjjghgjh

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Question 1

Branch Corp.’s total assets at the end of last year were $525,000 and its net income after taxes was $45,000. What was its return on total assets?

8.22%


8.36%


8.40%


8.57%



Question 2

Calgary Corp. recently reported total assets of $27,000 and total common equity of $11,000 on its balance sheet. If the firm’s current stock price is $42 per share, what is the firm’s equity multiplier?

1.55


1.83


2.10


2.45



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Marked as best answer by hgjjghgjh on Aug 7, 2023

ladan86

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hgjjghgjh

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Reply 2 on: Aug 7, 2023
Wow, this really help


kthug

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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