230k views
2 votes
A firm has net working capital of $640, total liabilities of $4,180, and total assets of $6,230. During the year sales were $5,000, net income, was $100, and paid taxes of $50. What was the Return on Equity during the year

1 Answer

5 votes

Answer:

The answer is in explainiation

Step-by-step explanation:

640/4180

6230-5000

+50=100

answer 30

User Ben Edmunds
by
7.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories