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A202 Test on Ch 17 6. MC.17-085.ALGo 7. MC.17-087 ALGO 8. MC.17-088 ALGO 9. MC.17-089.ALGO 10. MC.17-099ALGO 11. MC.17-100 ALGO Use this The balance sheets

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A202 Test on Ch 17 6. MC.17-085.ALGo 7. MC.17-087 ALGO 8. MC.17-088 ALGO 9. MC.17-089.ALGO 10. MC.17-099ALGO 11. MC.17-100 ALGO Use this The balance sheets at the end of each of the first two years of operations indicate the following Kellman Company Year 2 WWYear 1 Total current assets $602,100$586,300 60,700 41,400 Total property, plant, and equipment Total current Rabilties Total long-term liabil ties Preferred 9% stock, $100 par Common stock, $10 par 945,900 13, MC.17-104 ALGo 14. MC.17-106 ALGO 15. MC.17-113 ALGO 93.700 529,800 67,900 526,900 Using the balance sheets for Kelman Company, if net income is $104,500 and interest expense is $48,400 for Year 2, what is the return on total 283,600234,800 93,700 529,800 67,900 Retained earnings assets for the year (rounded to two deomal places)? ca. 10.33% 3.79% 6.50% MC.17-068 Cd. 7.74% Pr Next

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