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Business, 06.05.2020 23:16 kleighlamb4850

A company has net income of $14,600,000. Stockholders' equity was $47,550,000 at the beginning of the year and $68,150,000 at the end of the year. The company does not have any preferred stock outstanding. What is the company’s return on equity (ROE) during the year?

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A company has net income of $14,600,000. Stockholders' equity was $47,550,000 at the beginning of th...
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