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Author Question: A firm with sales of 1,000,000, net profits after taxes of 30,000, total assets of 1,500,000, and ... (Read 143 times)

Mollykgkg

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on: Jul 11, 2018
A firm with sales of 1,000,000, net profits after taxes of 30,000, total assets of 1,500,000, and common stockholders' investment of 750,000 has a return on equity of ________.
 
  A) 20 percent
  B) 15 percent
  C) 3 percent
  D) 4 percent

Question 2

Net working capital is the difference between a firm's total assets and its total liabilities.
 
  Indicate whether the statement is true or false


Natalie4ever

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Reply #1 on: Jul 11, 2018
Answer to Question 1

D

Answer to Question 2

FALSE


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