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What is the return on equity after income taxes

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Reference no: EM133057764

Question - The following information is provided for Candy, Inc.:

Income from operations $98,600

Income taxes 37,700

Interest expense 2,000 Net sales 1,264,000

Stockholders' equity 242,500 Total assets 456,000

Required - What is the return on equity after income taxes?

Reference no: EM133057764

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