michelle7511
03.07.2019 •
Business
The income statement and balance sheet can tell you your return on equity: profit divided by equity. last year you made a profit of $29,345 and the balance shows your ending equity at $1,174,344. what is your return on equity?
Solved
Show answers
More tips
- F Food and Cooking Ginger: A Universal Ingredient for Various Dishes...
- A Auto and Moto Which alarm system to choose?...
- C Computers and Internet Porn Banner: What It Is and How to Get Rid Of It?...
- F Food and Cooking How many stages of coffee roasting are there?...
- F Food and Cooking From Latte to Espresso: Which Coffee Drink is the Most Popular on Earth?...
- F Food and Cooking Experts Name Top 5 Healthiest Teas...
- C Computers and Internet Google Search Tips and Tricks: Everything You Need to Know...
- H Health and Medicine Discover the Hidden Principles and Real Results of the Japanese Diet...
- H Health and Medicine Liver Cleansing - Rejuvenation for the Body?...
- S Style and Beauty Is Photoepilation the Solution to Unwanted Hair Forever?...
Answers on questions: Business
- B Business Plzzz need this fast scenario an apparel manufacturer makes garments for use in businesses in which employees work in cold environments, such as freezer boxes. the company’s sales...
- B Business The current price of xyz stock is $50.00. dividends are expected to grow at 7% indefinitely and the most recent dividend was $1. what is the required rate of return on xyz stock?...
- B Business The cost object(s) of the departmental overhead rate method is: Multiple Choice The unit of product. The production departments of the company. The production departments in the...
- B Business If the price of a soda was 15 cents in 1970, when the cpi was 50, and 50 cents in 2007, when the cpi was 172, then...
- B Business Although the practice of predatory pricing is a common claim in antitrust suits, some economists are skeptical of this argument because they believe A. the evidence of its practice...
- B Business When an externality is present, the market equilibrium is a. efficient, and the equilibrium maximizes the total benefit to society as a whole. b. efficient, but the equilibrium...
- B Business (Inflation and interest rates) Assume the expected inflation rate is 3.8 percent. If the current real rate of interest is 6.4 percent, what should the nominal rate of interest be?...
- B Business Create an ER model for each of the following descriptions: (a) Each company operates four departments, and each department belongs to one company. (b) Each department in part (a)...
- M Mathematics Classify these sides A(3,3),B(6,9) and C(6,-3) then determine whether it is a right triangle? A) The triangle forms isosceles sides and it is not a right triangle B) The triangle...
- C Chemistry A1-L soda bottle contains dissolved carbon dioxide gas. Which bottle would have the highest concentration of dissolved gas? a bottle that is sealed O O a bottle that was opened...
Ответ:
The Return on Equity is 2.49%.
Return on Equity or RoE, as it is commonly abbreviated, measures how efficiently the managers of a company have utilized the funds contributed by its shareholders.
RoE is calculated with the following formula:
Substituting the values we get,
RoE is usually expressed as a percentage, so the RoE is 2.49%.
The greater the RoE, the more efficient the managers are in utilizing the shareholders' funds and is more desirable for investors.
Ответ:
advertising tax deductions for donations
Explanation: