What is return of stockeholder-s equity
Billard Communication has total assets of $1,400,00 and current assets of $600,000. It turns over it fixed assets 4 times a year. It has $300,000 of debt. Its return on sales is 5 percent. What is its return of stockeholder's equity?
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It turns over it fixed assets 4 times a year. It has $300,000 of debt. Its return on sales is 5 percent. What is its return of stockeholder's equity?
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