The net income available to stockholders is $125 and total assets are $1,096 then return on common equity would be ___________?

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A0.12 times

B0.114

C0.12

D0.00114

Correct answer

B. 0.114

Explanation

0.114 is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

The net income available to stockholders is $125 and total assets are $1,096 then return on common equity would be ___________? - Answer and Explanation | Academy of Pakistan