Return on assets = 5.5%, Total assets $3,000 and common equity $1,050 then return on equity would be_________?
(A) $22,275
(B) 15.71%
(C) 1.93%
(D) 1.925 times
Return on assets = 5.5%, Total assets $3,000 and common equity $1,050 then return on equity would be_________?
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