Find the ratio of net income after taxes to average owner's equity. Round to the nearest tenth of a percent.Owner's equity at beginning of year: $1,423,000. Owner's equity at end of year: $2,763,000. Net income after taxes: $180,500.

A. 12.7%
B. 6.5%
C. 12.8%
D. 8.6%


Answer: D

Mathematics

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