Question: Use this information for Kellman Company to answer the question that follows. The balance sheets at the end of each of the first 2 years

 Use this information for Kellman Company to answer the question thatfollows. The balance sheets at the end of each of the first

Use this information for Kellman Company to answer the question that follows. The balance sheets at the end of each of the first 2 years of operations indicate the following: Using the balance sheets for Kellman Company, if net income is $104,700 and interest expense is $44,700 for Year 2 , what is the return on stockholders' equity for Year 2 (rounded to two decimal places)? a. 9.56% b. 9.79% c. 9.20% d. 9.43% Use this information for Kellman Company to answer the question that follow. The balance sheets at the end of each of the first 2 years of operations indicate the following: Using the balance sheets for Kellman Company, if net income is $110,600 and interest expense is $45,600 for Year 2 , what is the return on total assets for the year (rounded to two decimal places)? a. 4.46% b. 10.72% c. 8.42% d. 6.91%

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