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Calculate the ROE for the following information: .Net Income after tax = $2,740,000 = Sales $69,500,000 Total Assets = $37,430,000 Total Equity = $10,956,000
Calculate the ROE for the following information: .Net Income after tax = $2,740,000 = Sales $69,500,000 Total Assets = $37,430,000 Total Equity = $10,956,000 Your answer should be rounded to two decimal places.
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
4th Edition
978-0133251241, 9780133427516, 133251241, 013342751X, 978-0133255584
