Company X has a net income of $1,512 million in 2019 and stockholders' equity of $7,835 million at the start of the year. What is its return on equity? A. 20.2% B. 17.5% c.19.3% D. 15.6%
Company X has a net income of $1,512 million in 2019 and stockholders' equity of $7,835 million at the start of the year. What is its return on equity? A. 20.2% B. 17.5% c.19.3% D. 15.6%
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Company X has a net income of $1,512
million in 2019 and stockholders' equity of
$7,835
million at the start of the year. What is its
return on equity?
A. 20.2%
B. 17.5%
c.19.3%
D. 15.6%
7. In February 2018, Aaa bonds yielded 2.36%,
Baa bonds yielded 3.43%, and treasuries with
the same maturity yielded 0.676%. If you are
a risk averse person which bond would you
buy
A. Aaa Bonds
B.Baa Bonds
c. Treasury Bonds
D.None of the above
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