Mathematics, 30.09.2019 23:00 quintink

Jay corporation has earned $175,900 after tax. the accountant calculated the return on equity as 12.5 percent. jay corporation's stockholders' equity to nearest dollar is: choices: a) $140,720
b) $14,720

c) $1,407,200

d) $140,720,000

e) none of these

Answers: 1

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Jay corporation has earned $175,900 after tax. the accountant calculated the return on equity as 12....