Return on equity is net income minus taxes divided by ______.Multiple choice question.total owners' equitynet salescurrent liabilitiescommon stock outstanding

Return on sales is ______.Multiple choice question.net income divided by common stock outstandingnet income divided by total owners' equitynet income divided by current liabilitiesnet income divided by net sales

eturn on equity is net income minus taxes divided by ______.Multiple choice question.common stock outstandingcurrent liabilitiesnet salestotal owners' equity

Return on investment = Blank______.Multiple choice question.Average operating assets ÷ Net operating incomeSegment revenue ÷ Net operating incomeNet operating income ÷ Average operating assetsNet operating income ÷ Segment revenue

Net income is ______.Multiple choice question.is operating expenses minus taxesis gross profit plus operating expenses and taxesall revenue minus all expenses and taxesis net sales minus cost of goods sold

Davis Company has provided the following financial data: Total Asset Turnover = .245Net Income = $400,000Equity Multiplier = 1.20Net Sales = $1,300,000 What is the Return on Equity?