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Solution Library
Short Answer Question Calculation Of Return On Equity
Question
A firm has a debt to equity ratio of 40%, debt of $250,000, and net income of $100,000. The return on equity is
a). 60%
b). 16%
c). 30%
d). not enough information
Summary
The question belongs to Accounting and it discusses about calculation of return on equity.
Total Word Count 36
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