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No results Options v Please refer to Table 4-3 for the following questions. Table 4-3 Emery Corporation Balance Sheet Income Statement Assets: Cash Accounts receivable
No results Options v Please refer to Table 4-3 for the following questions. Table 4-3 Emery Corporation Balance Sheet Income Statement Assets: Cash Accounts receivable $250,000 Sales (all credit) $8,000,000 Cost of goods sold Operating expense Interest expense (150,000) Income taxes Net income 450,000 (4,000,000) Inventory Net fixed assets Total assets 500,000 (2,900,000) 2,100,000 $570,000 Liabilities and owners equity: Accounts payable Notes payable Long-term debt Owners' Equity Total liabilities and owner's equity $100,000 450,000 1,050,000 $3,300,000 Based on the information in Table 4-3, assuming that the firm has no preferred stock, and paid $300,000 in common dividends, the firm's return on equity wars 33.53%. O 79.43%. ? 61.89%. 043.34%. DeL asp
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