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    Fundamentals of Financial Accounting Study Set 4
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    Exam 13: Measuring and Evaluating Financial Performance
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    Use the Information Above to Answer the Following Question
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Use the Information Above to Answer the Following Question

Question 117

Question 117

Multiple Choice

Use the information above to answer the following question.If net income for 2015 is $120,000,which of the following is closest to the company's return on equity for 2015?


A) 20%
B) 14.5%
C) 15.7%
D) 13.3%

Correct Answer:

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