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c. Prepare the shareholders equity section of the balance sheet. (5 marks) d. Assume that Rakatoon Corporation had Shareholders Equity of $499,000 in 2013. Calculate

c. Prepare the shareholders equity section of the balance sheet. (5 marks) d. Assume that Rakatoon Corporation had Shareholders Equity of $499,000 in 2013. Calculate Return on Earnings Ratio for 2014 and comment on your answer. ( 3 marks)

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