Profit for Sandos Inc., was $ 10,000 in 2021. Shareholders equity was $ 100,000 at
December 31 2019, $ 200,000 at December 31, 2020, and $ 300,000 at December 31,
2021. Return on equity for 2021 is:
a) 5%.
b) 4%.
c) 3.3%.
d) 10%.
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
(Save $1 )
One time Pay
(Save $5 )
Billed Monthly
*First month only
You can see the logs in the Dashboard.