The answer is "0.1518, or 15.18%".
<span>equity multiplier = 1.61
</span><span>total asset turnover = 2.3
</span><span>profit margin of 4.1% = 0.041
</span>Return of equity (ROE) = profit margin x total asset turnover x <span>equity multiplier
</span>ROE = (.041)(2.3)(1.61)
= 0.1518, or 15.18%
Answer:
Function
Explanation:
Example red blood cells are biconcave shaped to maximizer absorbtion of oxygen along with haemoglobin present which gives it a red pigment
Answer:
option a)
Dr Cash 86,000
Cr Common Stock 86,000
total common stock = $86,000 + $129,000 = $215,000
Santana owns $129,000 / $215,000 = 60% of common stock
Cicely owns $86,000 / $215,000 = 40% of common stock
option b)
Dr Cash 86,000
Cr Preferred stocks ($100 par value, 7%) 86,000
option c)
Dr Cash 86,000
Cr Notes payable, bank 86,000
Answer:
I think the answer is e. Because you the variable that if everyone stands up you cant see is omitted.
