posted the same question twice. posted actual question in the update

The following selected account balances appear on the financial statements of Washington Company: Accounts Receivable, January 1 $14,564 Accounts Receivable, December 31 8,758 Accounts Payable, January 1 4,791 Accounts Payable, December 31 9,819 Merchandise Inventory, January 1 10,870 Merchandise Inventory, December 31 14,581 Sales 60,770 Cost of Merchandise Sold 30,986 Washington Company uses the direct method to determine net cash flows from operating activities. Cash paid for merchandise during the year is a. 539.725 b. 559453 c. 529.000 d. 523,247 The following selected account balances appear on the financial statements of Washington Company: Accounts Receivable, January 1 $14,564 Accounts Receivable, December 31 8,758 Accounts Payable, January 1 4,791 Accounts Payable, December 31 9,819 Merchandise Inventory, January 1 10,870 Merchandise Inventory, December 31 14,581 Sales 60,770 Cost of Merchandise Sold 30,986 Washington Company uses the direct method to determine net cash flows from operating activities. Cash paid for merchandise during the year is a. 539,723 b. 559,453 c. 529,669 d. $22,247 Use this information for Keliman Company to answer the question that follows. The balance sheets at the end of each of the first 2 years of operations indicate the following: Kellman Company Year 2 Year 1 Total current assets $600,300 $569,100 Total Investments 67,700 41,600 Total property, plant, and equipment 916,400 635,400 Total current liabilities 108,400 84,000 Total long-term liabilities 286,100 229,000 Preferred 9% stock, $100 par 95,100 95,100 Common stock, $10 par 577,300 577,300 Paid-in capital in excess of par-- Common stock 65,200 65,200 Retained earnings 452,300 195,500 Using the balance sheets for Kellman Company, it net income is $113,600 and interest expense is $30,200 for Year 2, what is the return on stockholders equity for year 2 (rounded to two decimal places)? a 10919 b. 10746 SC 10.58% d. 118