单选题
The following data pertains to a company"s common-sized financial statements.
Current assets 40%
Total debt 40%
Net income 16%
Total assets $ 2000
Sales $1500
Total asset turnover ratio 0.75
The firm has no preferred stock in its capital structure.
The company" s after-tax return on common equity is :
Current assets 40%
Total debt 40%
Net income 16%
Total assets $ 2000
Sales $1500
Total asset turnover ratio 0.75
The firm has no preferred stock in its capital structure.
The company" s after-tax return on common equity is :
【正确答案】
C
【答案解析】