jsadler6962 jsadler6962

15-02-2024
Business

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What is the Return on Equity, given the following information?

Total Liabilities and Shares outstanding of common stock = 1,000,000
Equity = $85,000,000
Market price of common stock = $18

A) 20.25%
B) 3.81%
C) 127%
D) None of the above

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