snajand
Aug 29, 2008, 03:01 PM
How do I calculate net income given
Sales $1.9 million
Assets $1.46 million
Debt to Equity Ratio is 1
Return on Equity is .18
I have tried rearranging to formulas for ROE but can't get it. Would appreciate your help
Sales $1.9 million
Assets $1.46 million
Debt to Equity Ratio is 1
Return on Equity is .18
I have tried rearranging to formulas for ROE but can't get it. Would appreciate your help