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What is the corporation’s return on equity in Year 2?

CMA Strategic Financial Management

Last Post by Dante 1 year ago

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(@cornadante)

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Below is the income statement and balance sheet for a retail corporation.

What is the corporation’s return on equity in Year 2?

A . 23%
B. 26%
C. 39%
D. 48%

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Suggested Answer: D

Posted : 28/01/2023 1:14 am

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