chelsie1055 chelsie1055

30-01-2024
Business

contestada

Sales for the year = $341,126, net income for the year = $38,441, income from equity investments = $9,033, and average equity during the year = $123,650. Return on equity (ROE) for the year is:

a) 31.13%
b) 23.62%
c) 17.79%
d) 14.29%

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