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m/ilm/takeAssignment/takeAssignmentMain.doinvoker assignments&tak t-take&inprogress-fase Use this information for Kellman Company to answer the question that follow The balance sheets at the end of each of the

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m/ilm/takeAssignment/takeAssignmentMain.doinvoker assignments&tak t-take&inprogress-fase Use this information for Kellman Company to answer the question that follow The balance sheets at the end of each of the first two years of operations indicate the following: Kellman Company Year 2 Year 1 Total current assets Total investments Total property, plant, and equipment Total current liablities Total long-term liabilities Preferred 9% stock, $100 par $602,500 $392,700 52,800 873,600 629,800 3,300 284,700 227,700 85,600 599,500599,500 0,600 393,300218,600 64,000 116,400 85,600 Common stock, $10 par 60,600 Paid-in capital in excess of par-Common stock Retained earnings 118,800 and interest exgense is $42,800 for year 2, what is the return on stockholde Using the balance sheets for kellman Company, t net income is equity for Year 2 Crounded to two decimal places)? f a. 11.10% b. 11.30% uc. 11.72% d. 11.50% AS work save Prt Sc Pause nsert Sys Rq Break F6 F7 F8 F9 FIOF F12 ekr Debe Backspace 9 0 7 8 6

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