The table that follows summarises the financial performances of fo the year 2020. The information in this table suggests that [ Select highest return-on-equity. Profit Asset Total Total Margin Turnover (%) Company Equity (times) ($million) ($million) Assets A 12.0 0.5 12,510 4,500 В 5.6 1.6 6,890 3,250 C 7.0 1.3 7,791 4,900 D 10.0 10.368 7.200
The table that follows summarises the financial performances of fo the year 2020. The information in this table suggests that [ Select highest return-on-equity. Profit Asset Total Total Margin Turnover (%) Company Equity (times) ($million) ($million) Assets A 12.0 0.5 12,510 4,500 В 5.6 1.6 6,890 3,250 C 7.0 1.3 7,791 4,900 D 10.0 10.368 7.200
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
![The table that follows summarises the financial performances of four companies in
the year 2020. The information in this table suggests that [ Select ] generated the
highest return-on-equity.
Profit
Asset
Total
Total
Margin Turnover
(%)
Equity
(times) ($million) ($million)
Company
Assets
A
12.0
0.5
12,510
4,500
В
5.6
1.6
6,890
3,250
C
7.0
1.3
7,791
4,900
D
10.0
0.8
10,368
7,200](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5180135c-2ff4-474d-ad22-4f1c322e7fc1%2F06495c37-99bb-426f-8182-a4a366aadf6a%2Foynyiz_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The table that follows summarises the financial performances of four companies in
the year 2020. The information in this table suggests that [ Select ] generated the
highest return-on-equity.
Profit
Asset
Total
Total
Margin Turnover
(%)
Equity
(times) ($million) ($million)
Company
Assets
A
12.0
0.5
12,510
4,500
В
5.6
1.6
6,890
3,250
C
7.0
1.3
7,791
4,900
D
10.0
0.8
10,368
7,200
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