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XYZ Corp has return on assets (ROA) of 12%. It's total assets and liabilities are $50m and $ 10m respectively. XYZ's return equity (ROE) is closest...
1. XYZ Corp has return on assets (ROA) of 12%. It's total assets and liabilities are
$50m and $ 10m respectively. XYZ's return equity (ROE) is closest to:
a)
a.12.7%
c)
b.16.2%
c.22.3%
d.10.6%
e.19.3%
f.14.5%
b)