In a public shareholding company the following information are available: Current Assets $200,000, long term investment $300,000, property, plant and equipment $900,000. intangible assets $250,000 and total liabilities $500,000. The Tangible Net Worth equals: $1.150.000 $1,000,000 $1,650,000 I d. $900,000 Clear my choic Net income for the ABC Company amounted $1,200,000 during 2016. Shareholders' equity at the same year consist of 5,000 noncumulative 6% Ps ($100 par value) and 100,000 Cs ($10 par value). The return on common equity (ROCE) equals: Oa 1.2% Ob. All options are incorrect Oc 0.8% O d. 0.78% Next pag The reserve which arises from changes in the relative value of the currency in which the balance sheet is reported is called Oa. Fair Value Reserve O b. Cumulative Translation Allowance (CTA)] Oc. Statutory Reserve Od Retained earnings appropriated