Business, 15.11.2019 23:31 smortandsons

Jerry rice and grain stores has $4,430,000 in yearly sales. the firm earns 2 percent on each dollar of sales and turns over its assets 4.5 times per year. it has $167,000 in current liabilities and $342,000 in long-term liabilities. a. what is its return on stockholders’ equity? (do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.)

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Jerry rice and grain stores has $4,430,000 in yearly sales. the firm earns 2 percent on each dollar...