In 2009, Chico Company had net income of $30,000, and its equity on December 31, 2009, was

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In 2009, Chico Company had net income of $30,000, and its equity on December 31, 2009, was $130,000. Calculate its ROE for 2009.image text in transcribed

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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