ABC Company has a total asset of $500,000, total liabilities of $250,000, and an equity balance of
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ABC Company has a total asset of $500,000, total liabilities of $250,000, and an equity balance of $250,000. During the current year, the company earned a net income of $50,000 and paid dividends of $20,000 to shareholders. Calculate the company's debt-to-equity ratio, return on equity (ROE), and earnings per share (EPS).
Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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