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

How much energy has your body used, in joules, if your health indicates the 450 Calories were burned during your workout? How many Calories are in a dinner cont

1. Plot the following graphs: (a) distance –time graph for an object with uniform speed (b) distance –time graph for an object with non- uniform speed

The fourth item on the list is the "importance of compromise," meaning that a continual "give-and-take" is very important to deciding how a government should wo

What is the slope ? Simplyify your answers and write it as a proper fraction , improper fraction or an interger

A local diner has started selling cupcakes and is using the bar chart given below to keep track of how many are sold each day. How many cupcakes will be sold on

who is the second president of US

Give a counterexample for the statement all square roots are irrational numbers

Water flows over Niagara Falss at the average rate of 2,400,000 kg/s, and the average height of the falls is about 50 m. Knowing that the graviatational potenti

ATM machines respond to request in__________

Write a letter to your headteacher discussing two games that should be encouraged among the students.