The return on assets = 5.5%, Total assets $3,000 and common equity is $1,050 the

Question

The return on assets = 5.5%, Total assets $3,000 and common equity is $1,050 then the return on equity would be

Options:

A . 22275

B . 0.1571

C . 0.01925

D . 1.925 times

Answer: Option B
Answer: (b).0.1571

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