On December 31, Premier Corporation has the following data available: Net Income: Interest expense Total...
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Accounting
On December 31, Premier Corporation has the following data available: Net Income: Interest expense Total assets at the beginning of the year Total assets at the end of the year $190,000 30,000 800,000 790,000 Total common stockholders' equity at the beginning of the year 530,000 Total common stockholders' equity at the end of the year What is return on equity? (Round your final answer to two decimal places, X.XX%) 37.62% 43.56% 31.68% 20.13% 480,000
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