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A Company Provided the Following Information: There Was No

Question 98

Multiple Choice

A company provided the following information: A company provided the following information: There was no change in contributed capital this year and there were no dividends declared in the current year.The return on equity ratio for the current year is closest to: A) 20.7%. B) 75%. C) 3.8%. D) 1.33%. There was no change in contributed capital this year and there were no dividends declared in the current year.The return on equity ratio for the current year is closest to:


A) 20.7%.
B) 75%.
C) 3.8%.
D) 1.33%.

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