If a business has a net income of $44,700 and total equity of $111,750, what is the ROE? a. 10% b. 15% c. 40% d. 25%
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- Assume you are given the following relationships for the Orange Company: Sales/total assets 1.5X Return on assets (ROA) 3% Return on equity (ROE) 5% The Orange Company’s debt ratio is * a.40% b. 60% c. 35% d. 65%What is the debit equity ratio on these accounting question?I want to correct answer general accounting question
