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  3. the following selected data were taken from the fi

The following selected data were taken from the financial statements of Vidahil Inc. for Decernber...

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Accounting

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The following selected data were taken from the financial statements of Vidahil Inc. for Decernber 31, 2007, 20Y6, and 20Y5: The 20Y7 net income was $17,800, and the 20 Y6 net income was $13,230. No dividends on common stock were declared between 20y5 and 20%. Preferred dividends were declared and pald in fult in 20rb and 20V7. required, round your answers to one decimal place. b. The profitability ratios indicate that the company's profitability has .5 ince the return on assets is the retum on stockholders' equity in both vears, there must be leverage from the use of debt

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