Estimating the company return on equity
Xero, Inc., has a total debt ratio of 0.46, total debt of $333,000, and net income of $42,750.
Required:
What is the company's return on equity?
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Xero, Inc., has a total debt ratio of 0.46, total debt of $333,000, and net income of $42,750. What is the company's return on equity?
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