MindTap Business Communication, 1 term (6 months) Printed Access Card for Guffey/Loewy's Essentials of Business Communication, 11th
MindTap Business Communication, 1 term (6 months) Printed Access Card for Guffey/Loewy's Essentials of Business Communication, 11th
11th Edition
ISBN: 9781337386555
Author: Mary Ellen Guffey, Dana Loewy
Publisher: Cengage Learning
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Chapter 14, Problem 14.11AAC
Summary Introduction

To determine: Deciding the most appropriate attire is vital.

Introduction: Giving a first impression starts from the way you look therefore ensuring that you are in your most appropriate attire is very important.

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In 2012 XYZ Co. had sales of $74 billion and a net income of $23 billion, and its year-end total assets were $200 billion. The firm's total debt-to-total assets ratio was 45.3%. Based on the DuPont equation, what was XYZ Co.'s ROE in 2012? a) 22.97% b) 8.67% c) 25.62% d) 21.02% e) 14.01%
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