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please answer ASAP thanks The following selected financial data were taken from the 10-K of ABC Company: Selected Accounts FY 2011 FY 2010 FY 2009
please answer ASAP thanks
The following selected financial data were taken from the 10-K of ABC Company: Selected Accounts FY 2011 FY 2010 FY 2009 Net Revenue $ $ 980,500 $ GA 1,002,100 520,500 170,200 $ $ 900,000 477,000 155,700 BA $ $ $ $ 11,250 Cost of Goods Sold Operating Expenses Interest Expenses Earnings Before Income Tax Providion for Income Tax Net Profit 14,620 287,588 514,762 167,665 12,100 277,113 113,616 163,497 $ $ $ 116,473 A $ 249.550 105.560 143.990 * u 171,115 $ Financial Information $ 190.400 189.000 Average Total Equity Paid Dividend on Preferred Stock 180.000 84.300 75,900 85,800 $ A A A A 839,000 $ 770.000 $ 765,000 Average Total Assets Average Long-Term Liabilities 17 120.000 112,000 101.000 a. What information is communicated through the Return on Equity? (596) b. Please calculate the ROE for the three fiscal years (596)Step by Step Solution
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