Multiple Choice
Nikko Corp.'s total common equity at the end of last year was $305,000
And its net income after taxes was $60,000. What was its ROE?
A) 16.87%
B) 17.75%
C) 18.69%
D) 19.67%
E) 20.66%
Correct Answer:
Verified
Correct Answer:
Verified
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