Business, 26.07.2020 14:01 gennhill14

Firm Y has issued 500 million shares of stock at $1 par value and $200 millino in additional paid in capital. Retained earnings are $5.6 billion. What is the return on equity if net income if net income is $1.1 billion?

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Firm Y has issued 500 million shares of stock at $1 par value and $200 millino in additional paid in...

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