Refer to the financial statements of Black Barn Company. The firm's return on equity ratio for 2009 is

The financial statements of Black Barn Company are given below.











Note: The common shares are trading in the stock market for $40 each.



A. 16.88%.

B. 15.63%.

C. 14.00%.

D. 15.00%.

E. 16.24%.


A. 16.88%.

$660,000/[($4,140,000 + $3,680,000)/2] = .1688.

Business

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