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Use the Following Information for Equitable,Inc

Question 4

Multiple Choice

Use the following information for Equitable,Inc.to answer the following question(s) .Equitable issued no new common stock and had 100,000 common shares issued and outstanding during 2011.Equitable has no preferred stock. Use the following information for Equitable,Inc.to answer the following question(s) .Equitable issued no new common stock and had 100,000 common shares issued and outstanding during 2011.Equitable has no preferred stock. What was return on equity for the year ended December 31,2011? A) 54.0% B) 51.0% C) 102.8% D) 20.0% What was return on equity for the year ended December 31,2011?


A) 54.0%
B) 51.0%
C) 102.8%
D) 20.0%

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