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Assume the following data for Cable Corporation and Multi-Media Inc. Multi-Media Net income Sales Total assets Total debt Stockholders' equity Cable Corporation Inc. $
Assume the following data for Cable Corporation and Multi-Media Inc. Multi-Media Net income Sales Total assets Total debt Stockholders' equity Cable Corporation Inc. $ 39,000 $ 171,000 381,000 2,810,000 412,000 912,000 189,000 499,000 223,000 413,000 a-1. Compute return on stockholders' equity for both firms. (Input your answers as a percent rounded to 2 decimal places.) Answer is complete and correct. Return on Stockholders' Equity Cable Corporation 17.49 % Multi-Media, Inc. 41.40 % a-2. Which firm has the higher return?
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