Calculate the firm return on equity is the percentage, Financial Management

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Calculate the firm return on equity is the percentage

1. Watson Co. has total assets of $135 million and total debt of $35 million. The company has a total asset turnover of 1.75, and a net income of $64 million. Calculate the firm's return on equity. (Enter percentages as decimals, e.g. 5% = 0.05 and round to 4 decimals)

2. Dollar return= (Ending Value- Beginning Value) + Income X 100%

Beginning Value

$ 106.69 X 200-$103,39X200+$0,35X200 X100%

Divided by 103.39X200 What is the percentage return?

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Financial Management: Calculate the firm return on equity is the percentage

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