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Krogen Grocers 2016 balance sheet shows average stockholders equity of $12,000 million, net operating profit after tax of $1,140million, net income of $380 million, and
Krogen Grocers 2016 balance sheet shows average stockholders equity of $12,000 million, net operating profit after tax of $1,140million, net income of $380 million, and common shares issued of $1,916 million.
The company has no preferred shares issued. Krogen Grocers return on common stockholders equity for the year is:
A) 15.97% |
B) 3.17% |
C) 6.33% |
D) 9.50% |
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