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Topic: Compute ROE LO: 2 1. Selected balance sheet and income statement information from the 2016 fiscal year end for American Symbol Outfitters follows in
Topic: Compute ROE LO: 2 1. Selected balance sheet and income statement information from the 2016 fiscal year end for American Symbol Outfitters follows in thousands: Earnings before interest Average net operating assets Net income Average stockholders' equity $ 581.140 $2,330.820 S 484,900 $2.638,038 A. Calculate the company's return on equity (ROE). B. Explain what information this provides to management
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