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Colvin, Inc.'s 2018 balance sheet reported the following items with 2017 figures given for comparison: (Click the icon to view the 2018 and 2017 figures.)
Colvin, Inc.'s 2018 balance sheet reported the following items with 2017 figures given for comparison: (Click the icon to view the 2018 and 2017 figures.) Net income for 2018 was $3,520. Compute Colvin's rate of return on common stockholders' equity for 2018. Select the formula, then enter the amounts to calculate the company's rate of return on common stockholders' equity for 2018. (Abbreviations used: Ave. = average, OS = outstanding. SE = stockholders' equity, shrs = shares. Complete all input boxes. Enter "0" for any zero amounts.) -| Preferred dividends ): Ave. common SE = Rate of return on common SE Net income 3520- Data Table ( Colvin, Inc. Balance Sheet As of December 31, 2018, and December 31, 2017 December 31, 2018 December 31, 2017 38,600 $ 31,200 Total Assets Total Liabilities Total Stockholders' Equity (all common) Total Liabilities and Stockholders' Equity 13,700 24,900 12,100 19.100 31,200 38,600 Print Done
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