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  3. question 11 shown below is the liabilities and sto

Question 11 Shown below is the liabilities and stockholders' equity section of the balance sh...

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Accounting

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Question 11 Shown below is the liabilities and stockholders' equity section of the balance sh eet for Sandhal Company and Kingbird Company, Each has assats totaling S4, OB4, oco. For the yeaci each compary has eamed the same income before interest and tayes. At year end, the market price of Sandhills stock was \$101 per share. and kingbird swas $63.50. (a) Calculate the return on total assets? (Round anwwers to 2 decimal ploces, es. 16.85\%) Which company is more profitable in terms of return on total assets? (b) Calculate the return on common stock equity? (Round answers to 2 decimal ploces, eg. 16.85\%) Which company is more profitable in terms of return on common stockholders' equity

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