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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

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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 of operations indicate the following: Kellman Company Year 2 Year 1 Total current assets $622,500 $550,100 Total investments 61,200 45.200 Total property, plant, and equipment 942,400 758,800 Total current liabilities 105,600 84.000 Total long-term liabilities 303,100 230,700 Preferred 9% stock, S100 par 96,600 96,600 Common stock, $10 par 507,900 507,900 Pad-in capital in excess of par Common stock 62,100 62,100 Betained earnings 553,800 372,800 Using the balance sheets for Kellman Company, if net income is $117,800 and interest expense is $33,400 for Year 2, what is the return on stockholders' equity for Year 2 (rounded to two decimal places)? Oa. 10.62% Ob. 10.43% Oc 10.915 Od. 10.18%

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