Solved

Baugh & Essary Has Net Income of $149,200,sales of $936,800,a

Question 56

Multiple Choice

Baugh & Essary has net income of $149,200,sales of $936,800,a capital intensity ratio of 0.74,and an equity multiplier of 1.5.What is the return on equity?


A) 6.67 percent
B) 15.93 percent
C) 32.25 percent
D) 42.21 percent
E) 44.09 percent

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q51: Western Hardwood Sales has total equity of

Q52: Peterboro Supply has a current accounts receivable

Q52: If a firm has a 100 percent

Q53: Joshua's Antiques has a total asset turnover

Q54: A firm has net income of $114,000,a

Q55: Which one of the following actions will

Q57: Assume this is your first day on

Q58: Sunshine Rentals has a debt-equity ratio of

Q59: The Green House has a profit margin

Q104: Which one of the following is the