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Home Q & A Board Other Fields Homework Help Business Accounting
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LiChan LiChan
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7 years ago
The following information is provided for Holiday, Inc.:
   Net sales   $5,004   Income taxes   $ 186
   Income from operations   575   Total assets   4,033
   Interest expense   61   Stockholders' equity   1,698
What is the return on equity after income taxes?
A) 30.27%
B) 19.32%
C) 48.41%
D) 22.91%
Textbook 
Survey of Accounting: Making Sense of Business

Survey of Accounting: Making Sense of Business


Edition: 1st
Author:
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mourningbirdmourningbird
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7 years ago
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LiChan Author
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#2
7 years ago
Was looking for this exact answer, thanks
wrote...
#3
7 years ago
Slight Smile
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