What is the return on equity for debt-equity ratio
Ragtop, Inc. has total assets of $94,000, a debt-equity ratio of1.0, and net income of $3,700. What is the return on equity? a. 1.91 percent b. 3.94 percent c. 7.87 percent d. 10.09 percent e. 13.61 percent
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Gorman company has just received a special, one-time order for 1,000 units. producing the order will have no effect on the production and sales of other units.
Ragtop, Inc. has total assets of $94,000, a debt-equity ratio of1.0, and net income of $3,700. What is the return on equity?
Think of ways to explain these complex processes so that a lay reader can easily understand the process. Look for a common occurrence or description to use as an analogy:
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On August 1, Matrix Stores Inc. is considering leasing a building and purchasing the necessary equipment to operate a retail store. Alternatively, the company could use the funds to invest in $150,000 of 6% U.S. Treasury bonds that mature in 16 ye
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