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Use the following information in the table below to answer the question: Financial Year ending Market Price Total shares outstanding Nero 2018 $34.93 5,000,000 Nero
Use the following information in the table below to answer the question: Financial Year ending Market Price Total shares outstanding Nero 2018 $34.93 5,000,000 Nero 2019 $32.26 5,000,000 Total shareholders' equity Net Income $58,500,000.00 $6,775,690.72 $60,500,000.00 $6,106,761.79 Based on the information given the Accounting Return on Equity for Nero in 2019 is closest to: O A. 8.40% OB. 3.98% O C. 10.26%
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