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Use the Following Information Obtained from the Company's Computerized Accounting

Question 92

Multiple Choice

Use the following information obtained from the company's computerized accounting information system to answer the question below.Note: There were no preferred shares outstanding and no additional shares were issued in 2011. Use the following information obtained from the company's computerized accounting information system to answer the question below.Note: There were no preferred shares outstanding and no additional shares were issued in 2011. Return on equity for 2011,rounded to the nearest tenth of a percent,equals ________. A) 26.3% B) 23.5% C) 12.5% D) 29.4% Return on equity for 2011,rounded to the nearest tenth of a percent,equals ________.


A) 26.3%
B) 23.5%
C) 12.5%
D) 29.4%

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