Business, 01.10.2019 00:20 abelsoto

Emery corporation balance sheet income statement assets:cash $250,000 sales (all credit) $8,000,000 accounts receivable 450,000 cost of goods sold (4,000,000) inventory 500,000 operating expense (2,900,000) net fixed assets 2,100,000 interest expense (150,000) total assets $3,300,000 income taxes (380,000)net income $570,000 liabilities and owners' equity:accounts payable $100,000notes payable 450,000longminusterm debt 1,050,000owners' equity 1,700,000total liabilities and owner's equity $3,300,000based on the information in table 4minus3, assuming that the firm has no preferred stock, and paid $300,000 in common dividends, the firm's return on equity was

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Emery corporation balance sheet income statement assets:cash $250,000 sales (all credit) $8,000,000...

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