Find out the company return on equity


Problem:

Xero, Inc., has a total debt ratio of 0.53, total debt of $326,000, and a net income of $41,000.

Required:

Question: What is the company's return on equity?

Note: Provide support for your underlying principle.

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Accounting Basics: Find out the company return on equity
Reference No:- TGS0889469

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