Float Swimwear generates six cents of net income for every $1 in equity. Thus, Float...

60.1K

Verified Solution

Question

Accounting

Float Swimwear generates six cents of net income for every $1 in equity. Thus, Float has a(n)________ of 6 percent.
Multiple Choice
price-earnings ratio
EV multiple
return on assets
net profit margin
return on equity

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students