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In 2012, Jake's Jamming Music, Inc., announced an ROA of 8.51 percent, ROE of 14.00 percent, and profit margin of 11.5 percent. The firm had
In 2012, Jake's Jamming Music, Inc., announced an ROA of 8.51 percent, ROE of 14.00 percent, and profit margin of 11.5 percent. The firm had total assets of $9.0 million at year-end 2012. |
Calculate the 2012 value of net income available to common stockholders for Jake |
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