单选题
Ratio
2003
2004
Net profit margin
0.15
0.18
Total asset turnover
1.60
1.75
Financial leverage multiplier
1.00
1.50
The return on equity (ROE) for 2003 and 2004 respectively is :
A. 8% and 24%.
B. 24% and 47%.
C. 24% and 8%.
A
B
C
【正确答案】
B
【答案解析】
ROE for 2003 : 0.15 ×1.6 × 1.0 =24%. Similarly, for 2004, ROE will be 47%.
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