A company has a net income of $150,000 and total equity of$600,000. What is the ROE?A) 15%B) 20%C) 25%D) 30%

Explanation of Return on Equity (ROE): Return on Equity (ROE) is a financial ratio that measures the…

Answered: A company has a net income of $150,000…

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter1: The Role Of Accounting In Business

Section: Chapter Questions

Problem 4SEQ: If total assets are $20,000 and total liabilities are $12,000, the amount of stockholders’ equity...

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Similar questions

FINANCIAL ACCOUNTING QUESTION: WHAT IS THE DEBT RATIO?
A firm with sales of $500,000, net profits after taxes of $20,000, total liabilities of $200,000, and stockholders’ equity of $100,000 will have a return on equity of Select one: a. 5% b. 40% c. 20% d. 10%
Accurate answer
Total equity:6000000
ROS
9. The Merriam Company has determined that its return on equity is 15 percent. Management is interested in the various components that went into this calculation. You are given the following information: total 0.35 and total assets turnover = 2.8. What is the profit margin? debt/total assets = a. b. C. d. e. 3.48% 5.42% 6.96% 2.45% 12.82% 'c qurrent assets?
A company has annual sales of $100,000, total debt of $50,000, total equity of $50,000, and a profit margin of 3% percent. What is the return on assets? 10.3% 3.0% 5.2% 2.2%
NPM
What is the WACC for the following company with: Debt rate: 7% Cost of Equity: 11% Percentage equity: 50% Percentage debt: 50% Tax rate: 35%
What is the return on equity??
The Blue Jay Corporation has annual sales of $5,200, total debt of $1,500, total equity of $2,800, and a profit margin of 8 percent. What is the return on assets? a. 8.50 percent b. 10.55 percent c. 9.67 percent d. 7.89 percent e. 12.22 percent.Answer this question
The Blue Jay Corporation has annual sales of $5,200, total debt of $1,500, total equity of $2,800, and a profit margin of 8 percent. What is the return on assets? Accounting 12

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A company has a net income of $150,000 and total equity of $600,000. What is the ROE? A) 15% B) 20% C) 25% D) 30%