3 years ago

HELP PLEASE WHATS THE RIGHT ANSWER (I GOT 67)

2 answers:

Dvinal [7]3 years ago

5 0

Answer : the right answer is 66%

3 0

Answer:

Step-by-step explanation:

66%

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svlad2 [7]

Asset = 264,000 / 0.75 = $352,000
Shareholders equity = $352,000 - $264,000 = 88,000

Return on equity = 49,280 / 88,000 x 100% = 56%

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