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What the company return on equity is closest to

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Reference no: EM132599318

The financial ratios of a company are given below:

Operating profit margin 23.8%

Net profit margin 14.0%

Total asset turnover 0.9

Return on assets 12.6%

Equity Multiplier 1.88

Debt to equity 0.88

Question 1: The company's return on equity (ROE) is closest to

A. 23.7%.

B. 26.1%.

C. 32.4%.

D. 36.8%

Reference no: EM132599318

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