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

(-20)-4.6n=-2.3n+16.8 SHOW YOUR WORK

whats the conclusion in the farewell address by George Washington

The remains of vegetation of long ago has formed _____. rocks coal petroleum groundwater there is more than one answer

Explain the concept of survival to the fittest

HELP ASAP Many buildings in Meroë resembled Egyptian buildings. What can you infer from this?

Which is not an infection caused by a fungus? a. athlete's foot b. thrush c. trachoma d. vaginal yeast infection?

can someone help me please

Which trigonometric ratios are correct for triangle ABC? Check all that apply. -sin(C) = -cos(B) = -tan(C) = -sin(B) = -tan(B) =

Alberto is reading a myth. He wants to learn about the cultural context of the myth-tellers. To do so, he will write a question about each of the four aspects o

How did the debate over the Bill of Rights influence the rights that were finally included in these ten amendments? Give your response in three to five sentence