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%
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%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![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%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2128e8b4-1356-4e3d-915b-fa023db75019%2F22ba374c-82c0-43ad-bbb4-e7023b2e7387%2Fiev85lr_processed.jpeg&w=3840&q=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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