Computing the Return on Owners' Equity Ratio
Compute the return on equity ratio for 2012 given the following data:
| 2012 | 2011 |
Net income | $183,000 | $ 159,000 |
Stockholders’ equity | 1,100,000 | 1,250,000 |
Tot al assets | 2,460,000 | 2,630,000 |
Interest expense | 42,000 | 32,000 |
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.