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The following financial information is for A. Galler Company for 2011, 2010, and 2009
Requireda. For 2011, 2010, and 2009, determine the following:
1. Return on assets (using end-of-year total assets)
2. Return on investment (using end-of-year long-term liabilities and equity)
3. Return on total equity (using ending total equity)
4. Return on common equity (using ending common equity)
b. Discuss the trend in these profit figures.
c. Discuss the benefit from the use of long-term debt and preferred stock.
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