If a retailer has an ROA of 10 percent and a financial leverage of 4.0, then its RONW would be:
a. 0.4 percent.
b. 6 percent.
c. 14 percent.
d. 26 percent.
e. 40 percent.
Answer: E
Marketing MCQ
Retailing Chapter 2
If a retailer has an ROA of 10 percent and a financial leverage of 4.0, then its RONW would be: