Solved

Lee Sun's Has Sales of $3,000,total Assets of $3,000,and a Profit

Question 63

Multiple Choice

Lee Sun's has sales of $3,000,total assets of $3,000,and a profit margin of 5%. The firm has a total debt ratio of 60%. What is the return on equity?

A) 5%
B) 12.5%
C) 23.2%
D) 41.3%
E) 250%

Related Questions

Q51: The receivables turnover ratio is measured as:<br>A)sales

Q58: To calculate sustainable growth rate without using

Q59: Which two of the following represent the

Q60: Neal's Nails has an 11% return on

Q61: Katelyn's Kites has net income of $240

Q64: The market-to-book ratio is measured as:<br>A) total

Q65: List and interpret two liquidity ratios.

Q66: The percentage of sales method:<br>A) requires that

Q67: A supplier,who requires payment within ten days,is

Q68: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2359/.jpg" alt=" What