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a) Complete the schedule. Equity, December 31, 2013 Net income 2014 Dividends during 2014 Equity, December 31, 2014 Callaho Inc. $699,000 641,000 199,000 Allarco Inc.
a) Complete the schedule. Equity, December 31, 2013 Net income 2014 Dividends during 2014 Equity, December 31, 2014 Callaho Inc. $699,000 641,000 199,000 Allarco Inc. $705,000 843,000 573,000 Holden Corp. $654,000 283,000 51,000 b) Calculate the return on equity for each company. ROE for Callaho Inc. = % ROE for Allarco Inc. = % ROE for Holden Corp. = % c) Which company realized the greater return on their equity? (Select one) realized the greater return on their equity
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