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tivo tivo
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Posts: 1776
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7 years ago
What is the return on equity if sales are $100,000, net income is $22,700 and average common Stockholders' Equity is $86,000?
A) 22.7%
B) 26.4%
C) 86.0%
D) Cannot be determined from information given
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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Posts: 898
7 years ago
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More solutions for this book are available here
1
Massachusetts Institute of Technology
-- Accounting

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tivo Author
wrote...
6 years ago
Luckily this is the last business course I'll be taking. Thank you greatly
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