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Find the Return on Equity Company Company Barco Company Kyan Company Data from the current year-end balance sheets Assets Cash Accounts receivable, net. $ 19,500
Find the Return on Equity
Company Company Barco Company Kyan Company Data from the current year-end balance sheets Assets Cash Accounts receivable, net. $ 19,500 37,400 9,100 84,440 5,000 290,000 $445,440 Data from the current year's income statement Sales $770,000 Cost of goods sold 585,100 Interest expense.. 7,900 Income tax expense 14,800 Net income 162,200 Basic earnings per share 4.51 3.81 Cash dividends per share.. $ 34,000 57,400 7,200 132,500 6,950 304,400 $542,450 Current notes receivable (trade) Merchandise inventory.. Prepaid expenses. Plant assets, net $880,200 632,500 13,000 24,300 210,400 5.11 3.93 Total assets. $ 54,200 $ 29,800 0 0 Liabilities and Equity Current liabilities.. Long-term notes payable. Common stock, $5 par value. Retained earnings Total liabilities and equity. $ 61,340 80,800 180,000 123,300 $445,440 $ 93,300 101,000 206,000 142,150 $542,450 Beginning-of-year balance sheet data Accounts receivable, net Current notes receivable (trade) Merchandise inventory.. Total assets Common stock, $5 par value. Retained earnings.. 55,600 398,000 180,000 98,300 107,400 382,500 206,000 93,600
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