multiple choice

Dennis Company reported net income of $61,000 on sales of $410,000. The company has average total assets of $665000 and atrer aye total Wabilities of $2,10,000. What is the company's return on equity ratio? Multiple Choice 29053 14 B88 1344W 9.17 On lanuary 2, Year 1, Torres Comporation issued 12000 shares of $10 par-value common stock for $12 per share. Which of the following statements is true? Multiple Choice The Cash eccourt wh hereste by $120,000 The Common'stock account will increste by $144,000. The Paidin Cprital in Excess of Par Value account will inciease by $24000. Totel stockholders' equity wit increase by $120.000