CALCULATOR PRINTERV s Question 9 On January 1, 2017, Windsor Industries purchased 1,500 treasury shares. Other Information regarding Windsor Industries is provided below. 2016 2017 Net Income 200,000 6219,600 Dividends on preference shares 29,100 29,100 Dividends on ordinary shares 18,500 24,000 Weighted-average number of ordinary shares outstanding 11,900 10,400 Ordinary shareholders' equity beginning of year 601,800 E754,100 Ordinary shareholders' equity end of year 6754,100 845,517 Compute return on ordinary shareholders' equity for each year. (Round answers to 2 decimal places, e.g. 10.504 or 10.50.) 2016 2017 Return on ordinary shareholders' equity By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Polley set by your Instructor. Question Attempts: 0 of 3 used SAVE FOR % Earn Maximum Points available only if yo answer this question correctly in three attempts or less vacy Policy 10.2000 2021 John Wiley Sons, Inc. All Rights Reserved. A Division of John Wiley Sonne Aus VivoBook