Business
Business, 06.05.2020 02:01, elwinelwin9475

On December 31, Mercury Corporation has the following dataavailable:

Net Income $180,000
Interest expense 10,000
Total assets at the beginning of the year 810,000
Total assets at the end of the year 740,000
Total common stockholders' equity at the beginning of the year 520,000
Total common stockholders' equity at the end of the year 510,000

What is return on equity? (Round your final answer to two decimal places, X. XX%)

answer
Answers: 2

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Do you know the correct answer?
On December 31, Mercury Corporation has the following dataavailable:

Net Income $180,00...

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