BUSS 3083 strategic financial anaysis Determine the ROE of a company with no minority interest and paying
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BUSS 3083 strategic financial anaysis
Determine the ROE of a company with no minority interest and paying a tax rate of 30% using the following selected data:
$ | ||
---|---|---|
Net Income | 1676 | |
Shareholders' equity comprising | 16463 | |
Average common shareholders equity | 15168 | |
Average preferred shareholders' equity | 1295 | |
Average total assets | 16168 | |
Dividends to common shareholders | 226 | |
Dividends to preferred shareholders | 84 | |
The company advises that the interest expense = | 10 |
ROE | |
ROA | |
CEL | |
CSL | |
(accurate to 1 decimal place; show as a percentage, e.g. 26.1, the percentage symbol is supplied) (Please refer to Chapter 5 of Palepu for a detailed discussion of these and other ratios)
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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