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17. Assume the following data fo ont sis Net income Sales Total assets Total debt Stockholders' equity a. Cable Corporation $ 31,200 Multi-Media Inc.
17. Assume the following data fo ont sis Net income Sales Total assets Total debt Stockholders' equity a. Cable Corporation $ 31,200 Multi-Media Inc. $ 140,000 2,700,000 317,000 402,000 965,000 163,000 542,000 239,000 423,000 Compute the return on stockholders' equity for both firms using Ratio 3a. Which firm has the higher return?
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