Question
The Dennis Company reported net income of $61,000 on sales of $410,000. The company has average total assets of $665,000 and average total liabilities of
The Dennis Company reported net income of $61,000 on sales of $410,000. The company has average total assets of $665,000 and average total liabilities of $210,000. What is the company's return on equity ratio?
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Financial Accounting For Decision Makers
Authors: Dr Peter Atrill, Eddie Mclaney, Sin Autor
5th Edition
1405888210, 9781405888219
