Barrett, Inc, has a total debt ratio of 57 , total...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Barrett, Inc, has a total debt ratio of 57 , total debt of $317,000, and net income of $38,750 What is the company's return on equity? (Do not round intermediate calculations an enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!