Current Attempt in Progress Kojak Corporation decided to...
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Accounting
Current Attempt in Progress Kojak Corporation decided to issue common stock and used the $300,000 proceeds to redeem all of its outstanding bonds on January 1, 2025. The following information is available for the company for 2025 and 2024 . Explain how it is possible that net income increased but the return on common stockholders' equity decreased. Comment on the change in the debt to assets ratio for both years and the implications of this change in the company's solvency
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