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  3. abc company has net income in 2022 of $1,000,000.

ABC Company has Net Income in 2022 of $1,000,000. The company does not have any...

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Accounting

ABC Company has Net Income in 2022 of $1,000,000. The company does not have any preferred stock outstanding. The average Stockholders Equity is $10,000,000. What is the Return on Equity for ABC? Submit your answer without a % sign

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