Find the ratio of net income after taxes to average owner's equity. Round to the nearest tenth

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Find the ratio of net income after taxes to average owner's equity. Round to the nearest tenth of a percent.

Owner's equity at beginning of year: $1,379,000. Owner's equity at end of year: $2,171,000. Net income after taxes: $483,500.

Posted Date: Jun 05, 2024 06:04 PM

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Find the ratio of net income after taxes to average owner's equity. Round to the nearest tenth

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