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Author Question: A company's net income for the year was $290,000. Stockholders' Equity was $1,300,000 at the end of ... (Read 184 times)

storky111

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A company's net income for the year was $290,000. Stockholders' Equity was $1,300,000 at the end of the year, and $1,100,000 at the beginning of the year. What is the return on equity? (Round your final answer to two decimal places, X.XX%)
◦ 26.36%
◦ 24.17%
◦ 22.31%
◦ 12.08%


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Marked as best answer by storky111 on Feb 19, 2020

okolip

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storky111

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Reply 2 on: Feb 19, 2020
:D TYSM


lkanara2

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Reply 3 on: Yesterday
Excellent

 

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