Problemoscars dog house has a net income of 460851 a return, Ask an Expert

Finance

Problem:

Oscars Dog House has a net income of $460,851, a return on assets of 10.5%, and a equity multiplier of 1.49.

Required:

Question: What is the return on equity?

A. 10.54%

B. 11.63%

C. 12.97%

D. 14.69%

E. 15.64%

Note: Be sure to show how you arrived at your answer.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91163293

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