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Use this information for Kellman Company to answer the question that follow The balance sheets at the end of each of the first two years
Use this information for Kellman Company to answer the question that follow The balance sheets at the end of each of the first two years of operations indicate the following Kellman Company Year 2 Year 1 Total current assets Total investments Total property, plant, and equipment Total current liabilities Total long-term liabilities Preferred 9% stock, $100 par Common stock, $1O par Paid-in capital in excess of par-Common stock Retained earnings Using the balance sheets for Kellman Company, if net income is $107,500 and interest expense is $32 stockholders' equity for Year 2 (rounded to two decimal places)? Oa. 10.22% Ob. 9.85% . 10.55% Od. 10.07% $613,800 $591,700 46,100 661,300 81,100 316,300 229,100 94,700 576,200 576,200 60,400 414,900 257,60o 69,300 887,000 107,600 94,700 60,400 for Year 2, what is the return on 11:03 PM
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