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Other Fields Homework Help Accounting Topic started by: LiChan on Dec 13, 2016



Title: The following information is provided for Candy, Inc.:Income from operations$ 98,600Income ...
Post by: LiChan on Dec 13, 2016
The following information is provided for Candy, Inc.:
   Income from operations   $ 98,600
   Income taxes   37,700
   Interest expense   2,000
   Net sales   1,264,000
   Stockholders' equity   242,500
   Total assets    456,000
What is the return on equity after income taxes?
A) 40.65%
B) 24.29%
C) 25.11%
D) 55.36%


Title: Re: The following information is provided for Candy, Inc.:Income from operations$ 98,600Income ...
Post by: mourningbird on Dec 15, 2016
Content hidden


Title: Re: The following information is provided for Candy, Inc.:Income from operations$ 98,600Income ...
Post by: LiChan on Jan 26, 2017
Flippin awesome


Title: Re: The following information is provided for Candy, Inc.:Income from operations$ 98,600Income ...
Post by: mourningbird on Feb 16, 2017
Happy to help, please mark as solved