Question: Question 9 (10 points) Given the following Balance Sheet and Income Statement information: $ in thousands Balance Sheet Total Assets: $2,454 Total Liabilities: $1,178 Income

Question 9 (10 points) Given the following Balance Sheet and Income

Question 9 (10 points) Given the following Balance Sheet and Income Statement information: $ in thousands Balance Sheet Total Assets: $2,454 Total Liabilities: $1,178 Income Statement Earnings Before Income Tax: $460 Income Tax Expense: $94 What is the Return on Equity? Your

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