Question
You have been provided the following information about High Inc. (in thousands of dollars) 2005 2006 Current assets $158 $163 Long-term assets $453 $502 Current
You have been provided the following information about High Inc.
(in thousands of dollars) 2005 2006
Current assets $158 $163
Long-term assets $453 $502
Current liabilities $102 $143
Long-term liabilities $302 $348
Net income $32 $42
Return on common equity for 2006 is
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Auditing A Practical Approach With Data Analytics
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
2nd Edition
1119786045, 978-1119785996
