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The following information is from Lin Company's recent balance sheets and income statements: Compute the Return on Equity for the year ended December 31 Year

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The following information is from Lin Company's recent balance sheets and income statements: Compute the Return on Equity for the year ended December 31 Year 2. and 17) Kaleigh & Kandace. LCC offers its customers credit terms of 5/10, net 45 . Compute the effective annual interest rate for customers who wait to pay their invoices 45 days after the invoice date rather than 10 days after that date. (Use a 360-day vear, not 365 days. Do not round until your final answer. Enter your final answer as apercentage rounded to the nearest whole number Do NOT type the 3 sien in wour answer. For example: 0.12345 - 12.345\% ienter as 12). (Seevour Unit 7 notes. page 4) The following information is from Lin Company's recent balance sheets and income statements: Return on Assets (ROA) is composed of Profit Margin (PM) and Asset Turnover (AT). Compute Lin's Profit Margin (PM) for the year ended December 31 . Year 2 (Enter your answer as a percentage rounded to two decimal places. Do not include the \%6ign. For example: 0.12345 = 12.35\%; enter as 12.35) ( $ ee your Unit 7 notes pages 2 and 17)

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