Debt-equity ratio, ABC Company has net income of $90,182,

Debt-equity ratio

Reference no: EM13489809

ABC Company has net income of $90,182, return on assets of 9.4 percent, and debt-equity ratio of 0.53. What is the return on equity?
a.

12
b.

15.63
c.

14.38
d.

10

Reference no: EM13489809

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