Question
BUSS 3083 strategic financial anaysis Determine the ROE of a company with no minority interest and paying a tax rate of 30% using the following
BUSS 3083 strategic financial anaysis
Determine the ROE of a company with no minority interest and paying a tax rate of 30% using the following selected data:
| $ | ||
|---|---|---|
| Net Income | 1676 | |
| Shareholders' equity comprising | 16463 | |
| Average common shareholders equity | 15168 | |
| Average preferred shareholders' equity | 1295 | |
| Average total assets | 16168 | |
| Dividends to common shareholders | 226 | |
| Dividends to preferred shareholders | 84 | |
| The company advises that the interest expense = | 10 |
| ROE | |
| ROA | |
| CEL | |
| CSL | |
(accurate to 1 decimal place; show as a percentage, e.g. 26.1, the percentage symbol is supplied) (Please refer to Chapter 5 of Palepu for a detailed discussion of these and other ratios)
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
