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Calculate the Return on Equity Given the Following Information: Common

Question 110

Multiple Choice

Calculate the return on equity given the following information: common shares outstanding = 250,000; earning per share = $2.00; total assets = $2,000,000; total equity = $800,000.


A) 61.50%
B) 62.50%
C) 63.50%
D) 64.50%
E) 65.50%

Correct Answer:

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