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Assume that all balance sheet amounts below represent average balance figures for a fiscal year. Total assets: $300,000 Common stock: $125,000 Retained earnings: $25,000
Assume that all balance sheet amounts below represent average balance figures for a fiscal year. Total assets: $300,000 Common stock: $125,000 Retained earnings: $25,000 Sales Revenue: $100,000 Net Income: $32,000 Common stock shares outstanding:4,000 Common dividends: $5,000 What is the return on common stockholders' equity for this company? O a. 10.7% O b.25.6% O c. 13.3% O d. 21.3%
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Cost Accounting Traditions and Innovations
Authors: Barfield Jesse, Raiborn Cecily, Kinney Michael
4th edition
324026455, 978-0324026450
