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Save 2 points A company has net income of $14.60 million. Stockholders' equity at the beginning of the year is $47.55 million and, at the

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Save 2 points A company has net income of $14.60 million. Stockholders' equity at the beginning of the year is $47.55 million and, at the end of the year, it is $68.15 million. The only change to stockholders' equity came from net income. The return on equity ratio is approximately 4.67 0.31 0.25 0.21. Moving to another question will save this response. Question 21 of 50 MacBook Air 69 & Question 19 2 points Saved Barbur, Inc. reported net income of $14.6625 million. During the year the average number of common shares outstanding was 3.45 milion. The price of a share of common stock at the end of the year was $5. There were 580,000 shares of preferred stock outstanding on average and no dividends were declared and the preferred stock is no cumulative The Price/Earnings Ratio is approximately: 5.90 5.09 4.25 1.18 Question 19 of 50 Moving to another question will save this response. MacBook Air >

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