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Based on information provided, what is the rate of return on common stockholder's equity on March 31, 2015? March 31, 2014 March 31, 2015 Net
Based on information provided, what is the rate of return on common stockholder's equity on March 31, 2015?
| March 31, 2014 | March 31, 2015 | |
| Net income | 350000 | 423500 |
| Preferred dividends | 0 | 0 |
| Total stockholder's equity | 4300000 | 5085000 |
| Stockholder's equity attributable to preferred stock | 0 | 0 |
| Number of common shares outstanding | 275464 | 192168 |
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Contemporary Auditing
Authors: Michael C Knapp
12th Edition
357515404, 978-0357515402
