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Current Attempt in Progress Mann Corporation decided to issue common stock and used the $120,000...

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Current Attempt in Progress Mann Corporation decided to issue common stock and used the $120,000 proceeds to retire all of its outstanding bonds on January 1 . 2020. The following information is available for the company for 2019 and 2020. Explain how it is possible that net income increased, but the return on common stockholders' equity decreased. Given below is the debt to assets ratio for both the years. Comment on the implications that the change in the debt to assets ratio would have on the company's solvency

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