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Author Question: Based on the following information, Comet, Inc. had a higher return on equity in year 1 of ... (Read 12 times)

jilianpiloj

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Based on the following information, Comet, Inc. had a higher return on equity in year 1 of operations:
Year 1Year 2
Sales$800,000$1,000,000
Net Income$100,000$300,000
Average Stockholders' Equity$400,000$1,500,000

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Marked as best answer by jilianpiloj on Feb 18, 2020

Viet Thy

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jilianpiloj

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Reply 2 on: Feb 18, 2020
Thanks for the timely response, appreciate it


ASDFGJLO

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Reply 3 on: Yesterday
Excellent

 

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