The company has total assets of 500000 and total
Question - The Zintrozak Company reported net income of $50,000 on sales of $300,000. The company has total assets of $500,000 and total liabilities of $100,000. What is the company's return on equity ratio?
A. 50.0%
B. 10.0%
C. 12.5%
D. 16.7%
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