Webster & Jones has net income of $49,200, sales of $936,800, a capital intensity ratio of 0.74, and an equity multiplier of 1.5. What is the return on equity?
A) 6.67 percent
B) 8.98 percent
C) 10.65 percent
D) 12.21 percent
E) 14.09 percent

Question

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The Answer of Webster & Jones has net income of $49,200, sales of $936,800, a capital intensity ratio of 0.74, and an equity multiplier of 1.5. What is the return on equity?
A) 6.67 percent
B) 8.98 percent
C) 10.65 percent
D) 12.21 percent
E) 14.09 percent

Webster & Jones Has Net Income of $49,200, Sales of $936,800