Answered

Last year Vaughn Corp. Had sales of $315,000 and a net income of $17,832, and its year-end assets were $210,000. The firm's total-debt-to-total-assets ratio was 42. 5%. Based on the DuPont equation, what was Vaughn's ROE?.

Sagot :

Keane117id

Answer:

Vaughn's ROE is 14.80%.

Explanation: As per the information provided by Vaughn Corp: Sales = $315,000. Net income = $17,832.

Step-by-step explanation:

your welcome st lrsdt givr mr 5 stars and thanks