andresjohnston309 andresjohnston309

24-11-2020
Business

contestada

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

Respuesta :

PiaDeveau PiaDeveau

25-11-2020

Answer:

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%

Answer Link

Otras preguntas

A primary objective of using trade barriers is to (5 points) A. acknowledge the constant superiority of foreign-made products B. keep prices of foreign imports

If you witnessed this kind of war (The First World War), how would you feel?

Does Black Lives Matter more for white or black people Plss don’t report or take down my teacher gave me this question and I don’t know what to say

james got 19 questions right on a math test. These questions made up 76% of the test.How many questions were there on the test?

Please help Find the sum of the given infinite geometric series

Observing a cell under a microscope, your lab partner identifies it as a bacterial cell. You disagree, and identify it as a plant cell. Which of the following o

Find the area and volume of a 11 inch cube (pls write do the equation in steps)

Match each number on the left with the correct description of the number on the right. Answer options on the right may be used more than once.

Whats an example sentence with the word jim crow in it?

Retype and then underline the infinitive or infinitive phrase in each sentence from the passage. Be sure to include all modifiers or complements. 1. He liked to