Calculate a​ company's return on equity ratio if net income is​ $75,000, assets are​ $35,000, and liabilities are​ $10,000.

Calculate a​ company's return on equity ratio if net income is​ $75,000, assets are​ $35,000, and liabilities are​ $10,000.



A. 4.0

B. 30.0

C. 3.0

D. 30,000

E. 120,000



Answer: C. 3.0


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Marketing Chapter 17

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