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Sales revenue $ 2,500,000 Cost of goods sold 1,300,000 Net income 200,000 Balance sheets: 2024 2023 Accounts receivable $ 300,000 $ 200,000 Total assets 2,000,000
Sales revenue $ 2,500,000 Cost of goods sold 1,300,000 Net income 200,000 Balance sheets: 2024 2023 Accounts receivable $ 300,000 $ 200,000 Total assets 2,000,000 1,800,000 Total shareholders' equity 900,000 700,000 The return on shareholders' equity for 2024 is
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Cost Management Accounting And Control
Authors: Don R. Hansen, Maryanne Mowen
2nd Edition
0538864451, 978-0538864459
