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  2. Business
  3. Managerial accounting Study Set 9
  4. Quiz 14: Financial Statement Analysis Online

Larned Company's Return on Common Shareholders' Equity for Year 2

Question 89
Multiple Choice

Larned Company's return on common shareholders' equity for Year 2 was closest to which of the following? A) 26.9%. B) 27.9%. C) 29.8%. D) 30.9%.

Related questions
Q 90
Larned Company's book value per share at the end of Year 2 was closest to which of the following? A) $10.00. B) $16.11. C) $63.89. D) $70.56.
Q 91
Laroche Company's earnings per common share for Year 2 was closest to which of the following? A) $3.71. B) $10.67. C) $11.08. D) $15.83.
Q 92
Laroche Company's price-earnings ratio on December 31,Year 2 was closest to which of the following? A) 9.47. B) 13.53. C) 14.06. D) 40.43.
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