Question: what would be the formula on cell B5? A B 1 Long term liabilities 521,000 2 Total current liabili. 1,108,000 3 Total Equity 1,790,000 4
what would be the formula on cell B5?
| A | B | |
| 1 | Long term liabilities | 521,000 |
| 2 | Total current liabili. | 1,108,000 |
| 3 | Total Equity | 1,790,000 |
| 4 | Return on Equity | 10% |
| 5 | Return on assets | ? |
a. (B4*B1)/(B1+B2)
b. (B4+B3)/(B1*B2+B3)
c. (B4*B3)/(B1+B2+B3)
d. ((B1+B2)*B3)/(B1+B3)
e. B4*B3/B1+B2+B3
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
