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Social Science Clinic => Accounting => Topic started by: xclash on Feb 19, 2020

Title: What is the return on equity if sales are $80,000, net income is $24,700, beginning Stockholders' ...
Post by: xclash on Feb 19, 2020

What is the return on equity if sales are $80,000, net income is $24,700, beginning Stockholders' Equity is $87,000, and ending common Stockholders' Equity is $84,000? (Round your final answer to two decimal places, X.XX%)
◦ 28.89%
◦ 46.78%
◦ 29.40%
◦ 28.39%

Title: What is the return on equity if sales are $80,000, net income is $24,700, beginning Stockholders' ...
Post by: Anna on Feb 19, 2020

28.89%