Following is the balance sheet of Rooney Company for Year 3: ROONEY COMPANY Balance...

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Accounting

Following is the balance sheet of Rooney Company for Year 3:
ROONEY COMPANY
Balance sheet
The average number of common stock shares outstanding during Year 3 was 880 shares. Net income for the year was $15,000.
Required
Compute each of the following: (Round your answer to 2 decimal places. For percentages, 0.2345 should be entered as
23.45.)
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