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Mars Corporation Has Provided the Following Data for Year 2

Question 24

Multiple Choice

Mars Corporation has provided the following data for Year 2: Mars Corporation has provided the following data for Year 2: The company's total stockholders' equity at the end of Year 2 amounted to $1,095,000 and at the end of Year 1 to $1,060,000. The company's return on equity for Year 2 is closest to: A) 5.91% B) 7.40% C) 3.84% D) 71.20% The company's total stockholders' equity at the end of Year 2 amounted to $1,095,000 and at the end of Year 1 to $1,060,000. The company's return on equity for Year 2 is closest to:


A) 5.91%
B) 7.40%
C) 3.84%
D) 71.20%

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