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Last year Alexander Corp. had sales of $500,000 and a net income of $45,000, and its year-end assets were $275,000. The firm had $151,250 in
Last year Alexander Corp. had sales of $500,000 and a net income of $45,000, and its year-end assets were $275,000. The firm had $151,250 in total liabilities. Based on the DuPont equation, what was Alexander's ROE?
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Ultimate Manual For Newbie Property Investors
Authors: Kimberly K. Benson
1st Edition
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