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The records of Everyday Electronics Corporation for a particular period include the following: Average total assets $ 760,000 Average total liabilities 485,000 Total revenue 200,500
The records of Everyday Electronics Corporation for a particular period include the following:
Average total assets | $ 760,000 |
Average total liabilities | 485,000 |
Total revenue | 200,500 |
Total expenses (including income tax) | 135,000 |
The return on equity ratio is closest to:
8.62%.
13.51%.
5.26%.
23.82%.
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