The Dennis Company reported net income of $50,000 on sales of $300,000. The company has total assets

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The Dennis Company reported net income of $50,000 on sales of $300,000. The company has total assets of $500,000 and total liabilities of $100,000. What is the company's return on equity ratio? (Points : 2) 10.0% 16.7% 12.5% 50.0%

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Modern Advanced Accounting In Canada

ISBN: 9781259066481

7th Edition

Authors: Hilton Murray, Herauf Darrell

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Question Posted: Jun 06, 2017 02:49 AM

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The Dennis Company reported net income of $50,000 on sales of $300,000. The company has total assets

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Modern Advanced Accounting In Canada

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