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1 pts Question 32 Given this information: 2019 2020 Cash $6,100 $4,800 Accounts receivable $2,400 $1,500 Inventory $6,000 $5,800 Prepaid rent $1,200 $400 Land $36,000
1 pts Question 32 Given this information: 2019 2020 Cash $6,100 $4,800 Accounts receivable $2,400 $1,500 Inventory $6,000 $5,800 Prepaid rent $1,200 $400 Land $36,000 $40,000 Equipment $18,000 $18,000 Accumulated depreciation ($1.200) ($2.200) $68,500 $68,300 Accounts payable Utilities payable Salaries payable Note payable Interest payable Common stock Retained earnings 2019 2020 $2,100 $2,200 $800 $1,100 $4,000 $1.000 $16,000 $13,000 $600 $1,000 $12,000 $12,000 $33.000 $38.000 $68,500 $68,300 How much was return on equity if the company paid $4,000 in dividends during 2020? B.4% 18.9% 25.4% 11.3% None of the above
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