Question
Compare the return on equity (ROE) of Visa Inc. and Mastercard Incorporated using the following financial data: Item Visa Inc. Mastercard Incorporated Net Income $4,500,000
Compare the return on equity (ROE) of Visa Inc. and Mastercard Incorporated using the following financial data:
Item | Visa Inc. | Mastercard Incorporated |
Net Income | $4,500,000 | $3,800,000 |
Shareholders' Equity | $20,000,000 | $15,000,000 |
Question:
Which company has a higher return on equity (ROE)? Calculate the ROE for each company and compare.
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Stylianos Perrakis, Peter
8th Canadian Edition
007133887X, 978-0071338875
