A company provided the following information: There was no change in contributed capital this year and there were no dividends declared in the current year. The return on equity ratio for the current year is:
A) 20.7%
B) 75%
C) 3.8%
D) 1.33%

Question

A company provided the following information:  There was no change in contributed capital this year and there were no dividends declared in the current year. The return on equity ratio for the current year is:
A) 20.7% 
B) 75% 
C) 3.8% 
D) 1.33%

Quizplus · Accepted Answer

The Answer of A company provided the following information:  There was no change in contributed capital this year and there were no dividends declared in the current year. The return on equity ratio for the current year is:
A) 20.7% 
B) 75% 
C) 3.8% 
D) 1.33%

A Company Provided the Following Information: There Was No