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At the beginning of the year, the net assets of Continuum Products $376, 600. The only transactions affecting stockholder's equity during the year were net
At the beginning of the year, the net assets of Continuum Products $376, 600. The only transactions affecting stockholder's equity during the year were net income of $36,000 and dividends of $11,000. Calculate Continuum Products's return on equity (ROE) for the year. (Round your answer to 1 decimal place.(e.g., 32.1))
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