Sales for Company Y are $100,000 in 2019 and the net profit margin is 9.0%. The Return on Equity is 20%. What is the dollar value of Equity.   $ 18,000   $ 45,000   $ 90,000   $ 444,444

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter17: Dynamic Capital Structures And Corporate Valuation
Section: Chapter Questions
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Sales for Company Y are $100,000 in 2019 and the net profit margin is 9.0%. The Return on Equity is 20%. What is the dollar value of Equity.

 
  1. $ 18,000

     
  2. $ 45,000

     
  3. $ 90,000

     
  4. $ 444,444

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