Question
2) DEF Corporation has the following information on its 2018 Balance sheet. 2017 2018 Profit $ 1,200,000.00 $ 800,000.00 Preferred Dividends $ 45,000.00 $
2) DEF Corporation has the following information on its 2018 Balance sheet. 2017 2018 Profit $ 1,200,000.00 $ 800,000.00 Preferred Dividends $ 45,000.00 $ 45,000.00 Number of Common Shares Outstanding 52,000 46,000 Total Equity $ 2,450,000.00 $ 1,500,000.00 Preferred Share Equity $ 100,000.00 100,000.00 Calculate Return on equity, Earnings Per Share and Book value per share for 2018
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Introduction To Managerial Accounting
Authors: Peter Brewer, Ray Garrison, Eric Noreen
9th Edition
9781265672003
