REB Service Co. is a computer service center. For the month…
REB Service Co. is a computer service center. For the month of May, REB had the following operating statistics: Sales $450,000Operating income 25,000 Net profit after taxes 8,000 Total assets 500,000 Shareholders’ equity 200,000 Cost of capital 6% Based on the above information, which one of the following statements is correct? REB has a