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Question 18 During 2022, Blue Spruce Corp. sold equipment with a book value of $168000 for proceeds of $203000. The company purchased new equipment for
Question 18 During 2022, Blue Spruce Corp. sold equipment with a book value of $168000 for proceeds of $203000. The company purchased new equipment for $448000 by signing a long-term note payable. No other transactions impacted long-term asset accounts during 2022. The investing section of the statement of cash nows will report O net cash outflows of $245000 Onet cash intows of $35000 Onet cash outflows of $413000 O net cash inflows of $203000, Question 19 The following information pertains to Vaughn Manufacturing. Assume that all balance sheet amounts represent average balance figures. Total assets $263000 Stockholders' equity-common 131500 Total stockholders' equity 186500 Sales revenue 96500 Net Income 30500 Number of shares of common stock 6300 Common dividends 5300 Preferred dividends 7800 What is the return on common stockholders' equity ratio for Vaughn? 18.6% 22.0% 14.3 17.3%
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