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Define calculate the return on equity for xwv company

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Reference no: EM131754000

All of the following terms are synonyms for relevant cost except:

Incremental cost
Sunk cost
Differential cost
Avoidable cost

Use the following selected financial data to calculate the return on equity for XWV Company. You may use Appendix A of the textbook to locate the formulas, pgs. 269-271.

Net sales$900,000
Cost of goods sold 450,000
Operating expenses 90,000
Net income 280,000
Total assets 1,000,000
Total liabilities 860,000

28.0%
20.0%
200.0%
50.0%

Reference no: EM131754000

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