Solved: Softech pays no dividends and instead reinvests all, Accounting Basics

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Softech pays no dividends and instead reinvests all

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.

2408_270-B-A-E (941).png

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

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Accounting Basics: Softech pays no dividends and instead reinvests all

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Accounting Basics: Softech pays no dividends and instead reinvests all

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