Homework Answers
For 2016
Return on common stockholders equity = Net Income / Average stockholders equity
= 100,000/800,000
= 12.5%
For 2017
Return on common stockholders equity = Net Income / Average stockholders equity
= 120,000/1,000,000
= 12%
| 2017 | 2016 | |
| Return on common stockholders equity | 12% | 12.5% |
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