Return on assets = 6.7% and equity multiplier = 2.5% then return on equity will be

Return on assets = 6.7% and equity multiplier = 2.5% then return on equity will be
  • A. 16.75%
  • B. 2.68%
  • C. 0.37%
  • D. 9.20%
  • Correct Answer: Option A
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