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Beta Inc. has the following information: Total assets: $500,000 Total liabilities: $200,000 Common stock: $100,000 Retained earnings: $50,000 Calculate the following for Beta Inc.: a)
Beta Inc. has the following information:
- Total assets: $500,000
- Total liabilities: $200,000
- Common stock: $100,000
- Retained earnings: $50,000
Calculate the following for Beta Inc.: a) Debt to equity ratio b) Return on assets c) Return on equity
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
978-1118037911
