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For 2022, Jicama Ltd. Reported sales of $2,200,000, net income of $120,000 and year-end total assets of $3 million. For the year, Jicama's average common
For 2022, Jicama Ltd. Reported sales of $2,200,000, net income of $120,000 and year-end total assets of $3 million. For the year, Jicama's average common shareholders' equity was $1.5 million. There are no preferred shares issued. Therefore, for 2022, Jicama's return on common shareholders' equity is Select one: 04.0% 8.0% 5.5% 12.5%
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