Find the ratio of net income after taxes to average owners
Stockholders’ equity for a firm increased from $3456 at the end of 2016 to $3720 at the end of 2017, and net income after taxes during the year was $402 (all figures in thousands). Find the ratio of net income after taxes to average owners’ equity.
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stockholdersrsquo equity for a firm increased from 3456 at the end of 2016 to 3720 at the end of 2017 and net income
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