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TEW COMPANY Balance Sheet As of December 31 ASSETSCashAccountsreceivableInventoryNetplantandequipmentTotalassetsLIABILITIESANDSTOCKHOLDERSEQUITYAccountspayableAccruedexpensesLong-termdebtCommonstockPaid-incapitalRetainedearningsTotalliabilitiesandstockholdersequity$20,00080,00050,000250,000$400,000$40,00060,000130,000100,00010,00060,000$400,000 TEW COMPANY Refer to the tables above. The firm's return on equity is Refer to the

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TEW COMPANY Balance Sheet As of December 31 ASSETSCashAccountsreceivableInventoryNetplantandequipmentTotalassetsLIABILITIESANDSTOCKHOLDERSEQUITYAccountspayableAccruedexpensesLong-termdebtCommonstockPaid-incapitalRetainedearningsTotalliabilitiesandstockholdersequity$20,00080,00050,000250,000$400,000$40,00060,000130,000100,00010,00060,000$400,000 TEW COMPANY Refer to the tables above. The firm's return on equity is Refer to the tables above. The firm's return on equity is Multiple Choice 34.13% 136.5% 80.29% 57.5%

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