Kojak Corporation decided to issue cornmon stock and used the $300,000 proceeds to redeem all...
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Accounting
Kojak Corporation decided to issue cornmon stock and used the $300,000 proceeds to redeem all of its outstanding bonds on January 1, 2022. The following information is available for the cormpary for 2022 and 2021. Compute the return on common stockholders' equity for both years. (Round answers to 1 decimal place, eg. 12.5% ) (c1) Compute the debt to assets ratio for both years. (Round answers to 1 decimal ploce, eg. 12.5\%)
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