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Jan Corporation has earned $130,000 after tax. The accountant calculated the return on equity as 16.2 percent. Jan Corporation's stockholders' equity to the nearest dollar
Jan Corporation has earned $130,000 after tax. The accountant calculated the return on equity as 16.2 percent. Jan Corporation's stockholders' equity to the nearest dollar is:
A) $80,246
B) $82,246
C) $822,460
D) $802,469.13
E) None of the above
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