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Comparative balance sheets for Softech Canvas Goods for 2021 and 2020 are shown below. Softech pays no dividends and ins

Posted: Sun Jul 03, 2022 3:54 pm
by answerhappygod
Comparative balance sheets for Softech Canvas Goods for 2021 and2020 are shown below. Softech pays no dividends and insteadreinvests all earnings for future growth.
Required:1. Determine the return on shareholders’equity for 2021. (Round your answer to 2 decimalplaces.)