Exam I A
Started: Sep 27 at 1:07pm
Quiz Instructions
The exam will be closed-book and closed-notes. You may use a calculator (a financial calculator is re-
Once you open the exam in Canvas, no other tabs, programs, or applications should be open. As we
and on homework assignments, do not round intermediate calculations. Round your final answer to
places. Leaving the Canvas page will result in point deductions. You will lose 2 points per minute yo
from the Canvas page. Failure to follow these stated protocols will result in point deductions, up to
for the entire exam.
Question 32
A firm has a profit margin of 13.84, return on assets of 30.1 and
a debt to equity ratio of 1.952. What is the firm's return on
equity (ROE)?
8.13%
12.30%
88.86%
1.73%
None of these options are correct