Homework Answers
Return on common stockholders equity also know as Return on equity(ROE) is a ratio that provides shareholders and fianancial institutes and investors of company insight into how efficiently company handling funds that shareholders have invested in company
The higher the ROE It proves The company is generating more income from equity Financing.
ROE = net Income / Shareholders Equity
Net income as per Income statment = $31680
Net equity As per balance sheet =220000
ROE = $31680 /220000*100
ROE =14.4%
Answer is 14.4%
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