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Posted on May 29, 2024

The following data was taken from the accounting records of Whispering Winds Corporation: 2024 2023 Total assets $972000 $879000 Total liabilities 267000 248000 Preferred

The following data was taken from the accounting records of Whispering Winds Corporation: 2024 2023 Total assets $972000 $879000 Total liabilities 267000 248000 Preferred shares 88600 88600 Common shares 306000 306000 Retained earnings 310400 236400 Additional data: Net income 172000 Interest expense 38300 Sales revenue 991000 The return on equity for 2024 is O 42.1% O 25.7% O 17.9% O 24.2%

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