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Homework Chapter 13 i Sarved Use the following data in your computation. \begin{tabular}{|lrr|} \hline Net...

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Accounting

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Homework Chapter 13 i Sarved Use the following data in your computation. \begin{tabular}{|lrr|} \hline Net incone & Current & Pravioun \\ \hline Stockholdere" equity & $1,500 & $1,250 \\ Total assets & 9,300 & 12,425 \\ Tnterent expense & 20,500 & 22,500 \\ \hline \end{tabular} Required: Compute the return on equity ratio for the current year. (Round your answers to the nearest whole \begin{tabular}{|c|c|c|c|} \hline Numerator & Net Income - Preferred Dividends \\ \hline Denominator & Average Stockholders' Equity & = \\ \hline \end{tabular} Mc Graw Hill

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