24. The annual report from a major energy company contains the following: Net income represented 9 percent

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24. The annual report from a major energy company contains the following: Net income represented 9 percent return on average total assets of approximately

$27 billion and a 19 percent return on average stockholders’ equity. Net income per gallon on products sold worldwide averaged $0.035. Net income was $0.04 on each dollar of revenue. Based on this information, determine the following:

a. Net income

b. Total revenues

c. Average stockholders’ equity

d. Gallons of products sold

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Fundamentals Of Engineering Economic Analysis

ISBN: 9781118414705

1st Edition

Authors: John A. White, Kellie S. Grasman, Kenneth E. Case, Kim LaScola Needy, David B. Pratt

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