Q10-64. Superworlds net income for the period is $119,100 and beginning ordinary shareholders equity is $681,500. Calculate

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Q10-64. Superworld’s net income for the period is $119,100 and beginning ordinary shareholders’ equity is $681,500. Calculate Superworld’s return on ordinary shareholders’

equity.

a. 18.2%

c. 17.2%

b. 16.4%

d. 19.3%

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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