Kleaner kars has a return on assets of 675 percent a net

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Reference no: EM13392789

Kleaner Kars has a return on assets of 6.75 percent, a total asset turnover rate of 1.3, and an equity multiplier of 1.6. Using the Dupont Identity, what is the return on equity?

a. 8.30 percent

b. 8.78 percent

c. 10.80 percent

d. 14.04 percent

e. 14.33 percent

Reference no: EM13392789

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