单选题 Based on the following information, calculate the return on equity. Total asset turnover: 2.1 After-tax profit margin: 30% Financial leverage multiplier is 0.5

A、

A. 25.9%.
B、

B. 28.3%.
C、

C. 31.5%.

【正确答案】 C

【答案解析】ROE = Profit margin × Total asset turnover × financial leverage ROE =0.3 ×2.1 × 0.5 =0.315 or 31.5%