Nathalie Company has earnings available for commor shareholders of P700 produced by sales of P10,000 It also has total assets of P20,000 and an assets to equity ratio of 2.5. What is Nathalie's return on common equity? * O 7.0% O None of the choices O 17.5% 8.75%

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Nathalie Company has
earnings available for commor
shareholders of P700
produced by sales of P10,00O.
It also has total assets of
P20,000 and an assets to
equity ratio of 2.5. What is
Nathalie's return on common
equity?
7.0%
None of the choices
O 17.5%
O 8.75%
Transcribed Image Text:Nathalie Company has earnings available for commor shareholders of P700 produced by sales of P10,00O. It also has total assets of P20,000 and an assets to equity ratio of 2.5. What is Nathalie's return on common equity? 7.0% None of the choices O 17.5% O 8.75%
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