The return on assets is equal 6.7% and equity multip... - Solved MCQs & Answer

554FinanceMedium

The return on assets is equal 6.7% and equity multiplier is equal to 2.5% then the return on equity will be

A0.00373

B0.092

C0.1675

D0.0268

Correct answer

C. 0.1675

Explanation

0.1675 is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

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