Accounting question - Ratio Analysis
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1. Determine the change in market price of the capital stock from the end of 20X1 to the end of 20X3.
2. What are the total assets at the end of each year?
3. What is the return on owners' equity for 20X3? (Hint: A=L+E) For this question, assume that the total owners' equity did not change during the year.
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Solution Summary
Determine the change in market price of the capital stock from the end of 20X1 to the end of 20X3.
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