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Assume the following data for Cable Corporation and Multi-Media Inc. Cable CorporationMulti-Media Inc.Net income$39,800$190,000Sales352,0002,170,000Total assets409,000966,000Total debt234,000545,000Stockholders' equity175,000421,000 a-1. Compute return on stockholders' equity for both

Assume the following data for Cable Corporation and Multi-Media Inc.

Cable

CorporationMulti-Media Inc.Net income$39,800$190,000Sales352,0002,170,000Total assets409,000966,000Total debt234,000545,000Stockholders' equity175,000421,000

a-1.Compute return on stockholders' equity for both firms

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