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Pepsi [2]
1 year ago
6

Nadine enterprises have total assets of $240,000, a debt-qeuity ratio of 0.60 and a return on assets of 9%. what is the return o

n equity
Business
1 answer:
labwork [276]1 year ago
7 0

Nadine enterprises have total assets of $240,000, a debt-equity ratio of 0.60, and a return on assets of 9%. The return on equity is 14.4%.

<h3>What does "return on equity" mean?</h3>

The return on equity is a metric used to determine how profitable a company is in comparison to its equity.

ROE may also be viewed as a return on assets fewer liabilities because shareholder's equity can be computed by adding up all assets and deducting all liabilities.

The company's ability to generate returns on the investments it has received from its shareholders is measured by its return on equity.

Description: Return on Equity is calculated mathematically as Net Income or Profits/Equity.

To learn more about  return on equity, refer to the following link:

brainly.com/question/26849182

#SPJ4

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I believe it's Redundancy! I hope all is well and you end up passing, rockstar! Good luck. (:
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Using a minus (-) sign before a keyword search indicates that A. you're adding a "+" and then a "-"to refine the search. B. it's
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The correct answer is D, The word following the '-' is to be excluded from the search.

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3 years ago
Under the gold standard of currency exchange that existed from 1879 to 1914, an ounce of gold cost $20.67 in U.S. dollars and £4
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Answer:

The answer is £0.2055/$

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8 0
3 years ago
In a fractional reserve banking system: Group of answer choices banks create money by printing it. banks create money by making
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Answer:

the size of M1 can only be a fraction of checkable deposits.

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3 years ago
Julius asks Rachel if she would like to sell her boat. Rachel privately has no interest in selling her boat, and believes that J
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Answer:

formed a valid contract because Rachel's outward expressions showed the formation of a contract.

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The contract is considered as 'valid' and considered to be a verbal agreement as soon as Rachel proposed a price and Julius agreed upon it.

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2 years ago
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