Solved

Tessler Farms Has a Return on Equity of 11

Question 28

Multiple Choice

Tessler Farms has a return on equity of 11.28 percent, a debt-equity ratio of 1.03, and a total asset turnover of .87.What is the return on assets?

A) 5.56 percent
B) 8.06 percent
C) 13.67 percent
D) 15.24 percent
E) 17.41 percent

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