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    Fundamentals of Financial Management
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    Exam 4: Analysis of Financial Statements
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    Zero Corp's Total Common Equity at the End of Last
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Zero Corp's Total Common Equity at the End of Last

Question 13

Question 13

Multiple Choice

Zero Corp's total common equity at the end of last year was $405,000 and its net income was $70,000.What was its ROE?


A) 14.82%
B) 15.60%
C) 16.42%
D) 17.28%
E) 18.15%

Correct Answer:

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