Zero Corp's total common equity at the end of last year was $350,000 and its net income was $70,000. What was its ROE
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Ответ:
ROE = 20%
Explanation:
Given:
Common equity = $350,000
Net income = $70,000
Find:
ROE
Computation:
ROE = [Net income/Common equity]100
ROE = [$70,000/$350,000]100
ROE = 20%
Ответ:
the correct answer is good girl*