inutilelemon6543 inutilelemon6543

25-02-2021
Business

contestada

GTYOC Aviation had a profit margin of 8.00%, a total assets turnover of 1.5, and an equity multiplier of 1.0. What was the firm's ROE?

Respuesta :

Ritmeks Ritmeks

02-03-2021

Answer:

12

Explanation:

GTYCO has a profit margin of 8%

Total assets turnover is 1.5

Equity multiplier Is 1.0

Therefore the ROE can be calculated as follows

= 8×1.5×1.0

= 12

Hence the ROE is 12

Answer Link

Otras preguntas

veri made $25 babysitting .if she makes $8 an hour ,how many hours did she babysit

A biology class has a total of 47 students. The number of females is 9 less than the number of males. How many males and how many females are in the class?

you are traveling in a car that is moving at a velocity of 20 m/s. suddenly a car 10 meters in front of you slams on its brakes. at the moment you also slam on

How many times does six go into forty-eight?

an terrestrial four-link food chain with a lion as top predator

83 and one third percent as a fraction

The sum of two numbers is 63 . The larger number is 7 more than the smaller number. What are the numbers?

Explain how to determine whether to move right or left on the number line when adding rational numbers

What is the answer to 91.23*50.73

How do you use helio and cookie in a sentence? It sounds weird but please help me.