The records of ZZZZ Better Corporation include the following: $$\begin{array} { | l | r | }
\hline \text { Average total assets } & \$ 60,000 \
\hline \text { Average total liabilities } & 45,000 \
\hline \text { Total revenue } & 107,600 \
\hline \text { Total expense (including income tax) } & 104,000 \
\hline
\end{array}$$ What is the return on equity?
A) 6%
B) 13%
C) 16%
D) 24%

Question

The records of ZZZZ Better Corporation include the following: $$\begin{array} { | l | r | } 
\hline \text { Average total assets } & \$ 60,000 \
\hline \text { Average total liabilities } & 45,000 \
\hline \text { Total revenue } & 107,600 \
\hline \text { Total expense (including income tax) } & 104,000 \
\hline
\end{array}$$ What is the return on equity?
A) 6%
B) 13%
C) 16%
D) 24%

Quizplus · Accepted Answer

The Answer of The records of ZZZZ Better Corporation include the following: $$\begin{array} { | l | r | } 
\hline \text { Average total assets } & \$ 60,000 \
\hline \text { Average total liabilities } & 45,000 \
\hline \text { Total revenue } & 107,600 \
\hline \text { Total expense (including income tax) } & 104,000 \
\hline
\end{array}$$ What is the return on equity?
A) 6%
B) 13%
C) 16%
D) 24%

The Records of ZZZZ Better Corporation Include the Following What Is the Return on Equity? A) 6% B) 13

The Records of ZZZZ Better Corporation Include the Following What Is the Return on Equity?
A) 6%
B) 13