Multiple Choice
Tessler Farms has a return on equity of 12.71 percent,a debt-equity ratio of 0.75,and a total asset turnover of 0.9.What is the return on assets?
A) 7.26 percent
B) 8.06 percent
C) 13.67 percent
D) 15.24 percent
E) 17.41 percent
Correct Answer:
Verified
Correct Answer:
Verified
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