spartacus inc., has sales of $4,500,000 net income of $250,000, assets worth $3,700,000 and total common...

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spartacus inc., has sales of $4,500,000 net income of $250,000, assets worth $3,700,000 and total common...

spartacus inc., has sales of $4,500,000 net income of $250,000, assets worth $3,700,000 and total common stockholder equity of $2,500,000. the ROE for Spartacus is ______.

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Answer 1

Answer #1

Given

Net Income. = 250,000

Common stockholders equity = 25,00,000

sales. =45,00,000

Assets = 37,00,000

ROE. = Net income/Shareholders equity

= 2,50,000/25,00,000

= 0.1

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Answer 2

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