Multiple Choice
Which one of the following is a correct formula for computing the return on equity?
A) Profit margin × ROA
B) ROA × Equity multiplier
C) Profit margin × Total asset turnover × Debt-equity ratio
D) Net income/Total assets
E) Debt-equity ratio × ROA
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q7: Mortgage lenders probably have the most interest
Q8: Which one of these is the least
Q9: Corner Supply has a current accounts receivable
Q10: The DuPont identity can be used to
Q11: Taylor's Men's Wear has a debt-equity ratio
Q13: Activities of a firm that require the
Q14: Stone Walls has a long-term debt ratio
Q15: Canine Supply has sales of $2,800, total
Q16: Lani's generated net income of $911, depreciation
Q17: The Strong Box has sales of $859,700,