Denver Systems has total assets of 1,000,000; common equity of ...

[ETearle]

Denver Systems has total assets of 1,000,000; common equity of 400,000; a gross profit of
  800,000; total operating expenses of 620,000; interest expense of 20,000; income taxes of 74,000;
  and preferred dividends of 30,000.
 
  What is Denver Systems' return on equity?
  A) 14.0 B) 20.0 C) 21.5 D) 7.5

Question 2

Allen Fund had NAV values of 9, 10, and 12 at the beginning, middle, and end of last year, respectively. It made a 1.00 per share distribution at mid-year. The average annual total return of the fund for the year is
 
  A)
 
  33.33.
  B)
 
  44.44.
  C)
 
  46.67.
  D)
 
  55.55.

[randomguy133]

Answer to Question 1

A

Answer to Question 2

C

[ETearle]

Correct answers!

[randomguy133]

Great! Please up vote