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RVP IncRealizes a Net Profit of $230 Million and the Owner's

Question 27

Multiple Choice

RVP Inc.realizes a net profit of $230 million and the owner's equity amounts to $750 million.Calculate the return on equity for the company.

A) 16.5%
B) 30.7%
C) 7.5%
D) 75%
E) 23.2%

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