What was vaughns roe


Last year Vaughn Corp. had sales of $315,000 and a net income of $17,832, and its year-end assets were $210,000. The firm's total-debt-to-total-assets ratio was 42.5%. Based on the Du Pont equation, what was Vaughn's ROE?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What was vaughns roe
Reference No:- TGS0703420

Expected delivery within 24 Hours