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1153. Western Wear reports net income and sales for the year of $65,000 and $1,300,000, respectively. Return on equity is 10%. What is Western Wear's

1153. Western Wear reports net income and sales for the year of $65,000 and $1,300,000, respectively. Return on equity is 10%. What is Western Wear's average Stockholders' Equity for the year?

Multiple Choice

  • A.$650,000.

  • B.$13,000,000.

  • C.5%.

  • D.$682,500.

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