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The 2019 Balance Sheet for Standard Electronics Reported the Following

question 259

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The 2019 balance sheet for Standard Electronics reported the following items - with 2018 figures given for comparison:
The 2019 balance sheet for Standard Electronics reported the following items - with 2018 figures given for comparison:   Net income for 2019 was $25,000.Compute the rate of return on common stockholders' equity for 2019.(Round your final answer to two decimal places. )  A) 4) 38% B) 10.37% C) 11.09% D) 4) 69%
Net income for 2019 was $25,000.Compute the rate of return on common stockholders' equity for 2019.(Round your final answer to two decimal places. )


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