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Can I please get help on these three problems. Please see attached document. Profitability Ratios The following data came from the financial statements of Israel
Can I please get help on these three problems. Please see attached document.
Profitability Ratios The following data came from the financial statements of Israel Company: Revenue $900,000 Expenses 600,000 Net income 300,000 Assets 600,000 Liabilities 100,000 Average equity 500,000 Required: Compute Israel's return on equity (in percentage terms, rounded to two decimal places). % Item 1 Tanaka Corporation's balance sheet indicates the following balances as of December 31, 2013. Required: If Tanaka's 2013 net income is $80,000, determine its return on equity (in percentage terms, rounded to two decimal places). % Item 1 The following data came from the financial statements of St. James Corp. for 2013 and 2012. Required: Calculate St. James' earnings per share as it would be reported on the 2013 income statement. Round your answer to the nearest cent. $ Item 1Step by Step Solution
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