XYZ Corporation has sales of $5,000,000, net profits after taxes of $200,000, total assets of $4,000,000, and total liabilities of $2,500,000. What is XYZ Corporation's return on equity? a. 10 percent b. 13.33 percent c. 4 percent d. 5 percent

XYZ Corporation has sales of $5,000,000, net profits after taxes of $200,000, total assets of $4,000,000, and total liabilities of $2,500,000. What is XYZ Corporation's return on equity? a. 10 percent b. 13.33 percent c. 4 percent d. 5 percent

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 7EA: Assume Skyler Industries has debt of $4,500,000 with a cost of capital of 7.5% and equity of...

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need answer of this question provide correct option with calculation

XYZ Corporation has sales of $5,000,000, net profits after taxes of
$200,000, total assets of $4,000,000, and total liabilities of $2,500,000.
What is XYZ Corporation's return on equity?
a. 10 percent
b. 13.33 percent
c. 4 percent
d. 5 percent

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