Kim Brother Fitness Center had average common shareholders' equity of $546,890. The company had net income during the year of $359,000. There were 378,000 shares of common stock outstanding throughout the year and no preferred stock at any time
Calculate return on equity (round to the nearest tenth of a percent).
What will be an ideal response?
$359,000 / $546,890 = 65.6%
Business
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Business marketers often alert customers to potential problems and then show how their products provide solutions. These marketers are hoping to influence which stage of the business purchase process?
A) description of the characteristics of the needed item B) evaluation of proposals C) recognition of a problem or need D) selection of an order routine E) performance feedback
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