Carroll, Inc., has a total debt ratio of .75, total debt of $353,000, and net income of
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Carroll, Inc., has a total debt ratio of .75, total debt of $353,000, and net income of $18,750. What is the company's return on equity?
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Return on equity measures the profitability of equity f...View the full answer
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Related Book For
Essentials of Corporate Finance
ISBN: 978-1259277214
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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