Whats the answer options you get
Answer:
John Inc.'s return on equity for this accounting period is:
B.
26.66 percent
Explanation:
Return or equity is a ratio used to calculate the efficiency of a certain business. It is calculated by dividing the net income on the stockholders' equity. Therefore, in our case, we translate this into 40 000 dollars divided into 150 000. Giving us a result of .26 %. Thus, the correct option is the B. option.