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Author Question: What is the return on equity if sales are $80,000, net income is $24,700, beginning Stockholders' ... (Read 89 times)

xclash

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What is the return on equity if sales are $80,000, net income is $24,700, beginning Stockholders' Equity is $87,000, and ending common Stockholders' Equity is $84,000? (Round your final answer to two decimal places, X.XX%)
◦ 28.89%
◦ 46.78%
◦ 29.40%
◦ 28.39%


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Marked as best answer by xclash on Feb 19, 2020

Anna

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xclash

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Reply 2 on: Feb 19, 2020
YES! Correct, THANKS for helping me on my review


amynguyen1221

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Reply 3 on: Yesterday
:D TYSM

 

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