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Determine the return on shareholders equity

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Reference no: EM13879991

1.Comparative balance sheets for Softech Canvas Goods for 2013 and 2012 are shown below. Softech pays no dividends, and instead reinvests all earnings for future growth.

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Required:
1. Determine the return on shareholders equity for 2013.
2. What does the ratiomeasure?

Reference no: EM13879991

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