Question
Based on the information provided, what is the common stock rate of return at 31 March 2015? 31 Mar 2014 31 Mar 2015 Net income
Based on the information provided, what is the common stock rate of return at 31 March 2015?
31 Mar 2014 | 31 Mar 2015 | |
Net income | 350000 | 423500 |
Preferred dividends | 0 | 0 |
Total equity | 4300000 | 5085000 |
Shareholder equity attributable to preferred stock | 0 | 0 |
Number of outstanding ordinary shares | 275464 | 192168 |
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Financial Reporting And Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
8th Edition
1260247848, 978-1260247848
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