SOLUTION: Achbar Corporation has earned $175,900 after tax. The accountant calculated the return on equity as 12.5%. Achbar Corporation's stockholders' equity to the nearest dollar is
A.
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A.
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Question 1131178: Achbar Corporation has earned $175,900 after tax. The accountant calculated the return on equity as 12.5%. Achbar Corporation's stockholders' equity to the nearest dollar is
A. $1,407,200.
B. $140,720.
C. $140,720,000.
D. $14,720. Answer by math_helper(2461) (Show Source):
