Exhibit 14.10
Use the Information Below for the Following Problem(S)
$\begin{array}{lr}
& \underline{\text{Left-Aid Corporation}}\
\text { DPS } & \$ 2.45 \
\text { Total Asset Turnover } & 3.80 \
\text { Net Profit Margin } & 6.50 \% \
\text { EPS } & \$ 3.50 \
\text { Total Assets/Equity } & 1.60
\end{array}$
-Refer to Exhibit 14.10.What is the Left-Aid Corporation's return on equity (ROE)?
A) 25.5%
B) 27.4%
C) 29.7%
D) 35.6%
E) 39.5%

Question

Exhibit 14.10
Use the Information Below for the Following Problem(S)
 $\begin{array}{lr}
& \underline{\text{Left-Aid Corporation}}\ 
\text { DPS } & \$ 2.45 \
\text { Total Asset Turnover } & 3.80 \
\text { Net Profit Margin } & 6.50 \% \
\text { EPS } & \$ 3.50 \
\text { Total Assets/Equity } & 1.60
\end{array}$
-Refer to Exhibit 14.10.What is the Left-Aid Corporation's return on equity (ROE)?
A) 25.5%
B) 27.4%
C) 29.7%
D) 35.6%
E) 39.5%

Quizplus · Accepted Answer

The Answer of Exhibit 14.10
Use the Information Below for the Following Problem(S)
 $\begin{array}{lr}
& \underline{\text{Left-Aid Corporation}}\ 
\text { DPS } & \$ 2.45 \
\text { Total Asset Turnover } & 3.80 \
\text { Net Profit Margin } & 6.50 \% \
\text { EPS } & \$ 3.50 \
\text { Total Assets/Equity } & 1.60
\end{array}$
-Refer to Exhibit 14.10.What is the Left-Aid Corporation's return on equity (ROE)?
A) 25.5%
B) 27.4%
C) 29.7%
D) 35.6%
E) 39.5%

Exhibit 14 -Refer to Exhibit 14