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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
What is the return on equity if sales are $100,000, net income is $22,700, beginning Stockholders' Equity is $88,000, and ending common Stockholders' Equity is $84,000?
A) 22.7%
B) 25.8%
C) 27.0%
D) 26.4%
Textbook 
Financial Accounting

Financial Accounting


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

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