What is the return on stockholders equity for a firm


What is the return on stockholders' equity for a firm with a net profit margin of 4.9 percent, sales of $350,000, an equity multiplier of 1.6, and total assets of $215,000?

a. 12.76%

b. 15.24%

c. 12.57%

d. 8.88%

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What is the return on stockholders equity for a firm
Reference No:- TGS078716

Expected delivery within 24 Hours