A company reports the following:
Net income $132,270
Preferred dividends 9,140
Average stockholders' equity 1,411,670
Average common stockholders' equity 857,610
Round percentages to one decimal place.
a. Determine the return on stockholders' equity.
b. Determine the return on common stockholders' equity.
%
A company reports the following:
Net income $132,270
Preferred dividends 9,140
Average stockholders' equity 1,411,670
Average common stockholders' equity 857,610
Round percentages to one decimal place.
a. Determine the return on stockholders' equity.
b. Determine the return on common stockholders' equity.
%
Related questions
The following data were taken from the financial statements of Gates Inc. for the current fiscal year.
| Property, plant, and equipment (net) | $2,444,400 | |||||
| Liabilities: | ||||||
| Current liabilities | $234,000 | |||||
| Note payable, 6%, due in 15 years | 1,164,000 | |||||
| Total liabilities | $1,398,000 | |||||
| Stockholders' equity: | ||||||
| Preferred $4 stock, $100 par (no change during year) | $2,097,000 | |||||
| Common stock, $10 par (no change during year) | 2,097,000 | |||||
| Retained earnings: | ||||||
| Balance, beginning of year | $2,236,000 | |||||
| Net income | 661,000 | $2,897,000 | ||||
| Preferred dividends | $83,880 | |||||
| Common dividends | 17,120 | 101,000 | ||||
| Balance, end of year | 2,796,000 | |||||
| Total stockholders' equity | $6,990,000 | |||||
| Sales | $34,349,700 | |||||
| Interest expense | $69,840 | |||||
Assuming that total assets were $7,969,000 at the beginning of the current fiscal year, determine the following. When required, round to one decimal place.
| a. Ratio of fixed assets to long-term liabilities | |
| b. Ratio of liabilities to stockholders' equity | |
| c. Asset turnover | |
| d. Return on total assets | % |
| e. Return on stockholdersâ equity | % |
| f. Return on common stockholders' equity | % |
| Six Measures of Solvency or Profitability The following data were taken from the financial statements of Olvideo Enterprises Inc. for the current fiscal year.
Assuming that long-term investments totaled $1,983,000 throughout the year and that total assets were $3,767,000 at the beginning of the current fiscal year, determine the following. When required, round to one decimal place.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
***Would like to "How To not just the answer please and ThankYou!***
The following financial information is available for PlummerCorporation.
2014 | 2013 | |||
| Average common stockholdersâ equity | $1,100,700 | $864,200 | ||
| Dividends paid to common stockholders | 48,570 | 29,940 | ||
| Dividends paid to preferred stockholders | 17,190 | 17,190 | ||
| Net income | 296,300 | 204,730 | ||
| Market price of common stock | 19 | 16 |
The weighted-average number of shares of common stock outstandingwas 79,650 for 2013 and 100,900 for 2014.
Calculate earnings per share and return on common stockholdersâequity for 2014 and 2013. (Round answers to 2 decimalplaces, e.g. 10.50% or 10.50.)
