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Question 2 [12 points] The following information is available for these companies: a) Complete the schedule. Equity, December 31, 2013 Net income 2014 Dividends during
Question 2 [12 points] The following information is available for these companies: a) Complete the schedule. Equity, December 31, 2013 Net income 2014 Dividends during 2014 Equity, December 31, 2014 ABC Inc. $790,000 473,000 193,000 XYZ Corporation Stake Technology Inc. $676,000 $475,000 173,000 571,000 85,000 361,000 b) Calculate the return on equity for each company, ROE for ABC Inc. = % ROE for XYZ Corporation = % ROE for Stake Technology Inc. = % c) Which company realized the greater return on their equity? (Select one) realized the greater return on their equity. Lightshot Screenshot is saved to Screenshot_26.png. Click here to open in the folder. Official Time: 21:24:09 SUBMIT AND MARK
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