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bravata bravata
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Posts: 1417
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7 years ago
The return on equity for a company that has sales of $43,000, net income of $13,000, and average Stockholders' Equity of $88,000 would be 48.86%.
Is this statement one that's true or false?
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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7 years ago
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Massachusetts Institute of Technology
-- Accounting

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bravata Author
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7 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Helped a lot
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