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The balance sheets at the end of each of the first two years of operations indicate the following: If net income is $115.000 and interest

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The balance sheets at the end of each of the first two years of operations indicate the following: If net income is $115.000 and interest expense is $30,000 for 2012. what is the rate earned on stockholders' equity for 2012 (round percent to one decimal point)? 10.6% 11.1% 12.4% 14.0% If net income is $115,000 and interest expense is $30,000 for 2012. what are the earnings per share on common stock for 2012, (round to two decimal places)? $2.07 $ 1.92 $1.77 $1.64

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