STOCKHOLDER PROFITABILITY RATIOS The following information pertains to Montague Corporation: Net income $55,000 Average common equity $1,500,000
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STOCKHOLDER PROFITABILITY RATIOS The following information pertains to Montague Corporation:
Net income $55,000 Average common equity $1,500,000 Preferred dividends $7,500 Average common shares outstanding 100,000 Required:
Calculate the return on common equity and the earnings per share.
Exercises Exercise
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Related Book For
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
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