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Brandenburg Plumbing produces plumbing parts for commercial buildings. Their 2016 Income Statement indicated profits of $650M. Their return on equity for 2016 was 15%. a)
Brandenburg Plumbing produces plumbing parts for commercial buildings. Their 2016 Income Statement indicated profits of $650M. Their return on equity for 2016 was 15%.
a) What was their average shareholders equity for 2016?
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