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A firm has net working capital of $640, total liabilities of $4,180, and total assets of $6,230. During the year sales were $5,000, net income, was $100, and paid taxes of $50. What was the Return on Equity
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A firm has net working capital of $640, total liabilities of $4,180, and total assets of $6,230. During the year sales were $5,000, net income, was $100, and paid taxes of $50. What was the Return on Equity during the year

User Adil Khalil
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5 votes

Answer:

The answer is in explainiation

Step-by-step explanation:

640/4180

6230-5000

+50=100

answer 30

User Ben Edmunds
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