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Title: For the current year, Company A had sales of $300,000, net income of $200,000 and average common ... Post by: tivo on Feb 21, 2017 For the current year, Company A had sales of $300,000, net income of $200,000 and average common Stockholders' Equity of $900,000. During the same year, Company B had sales of $200,000, net income of $100,000 and average common Stockholders' Equity of $400,000. Which of the following statements is TRUE regarding this situation?
A) Company A has a better return on equity, $200,000 compared to Company B's $100,000. B) Company B has a better return on equity, 25% compared to Company A's 22.22%. C) Company A has a better return on equity, $300,000 compared to Company B's $200,000 D) Company B has a better return on equity, 50% compared to Company A's 66.66%. Title: Re: For the current year, Company A had sales of $300,000, net income of $200,000 and average common ... Post by: largerthanlife on Feb 21, 2017 Content hidden
Title: Re: For the current year, Company A had sales of $300,000, net income of $200,000 and average common ... Post by: tivo on Apr 10, 2017 Luckily this is the last business course I'll be taking. Thank you greatly
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