Question: Movig to another question will save this response. Question 25 of 26 Question 25 4 points Sage Answer Suppose that Acme Inc. had a net
Movig to another question will save this response. Question 25 of 26 Question 25 4 points Sage Answer Suppose that Acme Inc. had a net income of $20,000 on sales of $325,000 and total assets are $240,000 at the end of the fiscal year. The firm's debt to assets ratio was 45.0%. What is the return on equity? (Hint: use the DuPont relationship and change debt/assets to equity/assets, and finally to assets/ equity) 13.82% 14,47% 15.15% 15.86% Moving to another question wil save this response. Question 25 of 26 Close Window 3 4 5 6 tab caps lock control option command
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