Question
MNO Corporation's financials include: Total assets: $1,600,000 Total liabilities: $700,000 Common stock: $500,000 Preferred stock: $120,000 Retained earnings: $400,000 Net income: $280,000 Total revenues: $1,400,000
MNO Corporation's financials include:
- Total assets: $1,600,000
- Total liabilities: $700,000
- Common stock: $500,000
- Preferred stock: $120,000
- Retained earnings: $400,000
- Net income: $280,000
- Total revenues: $1,400,000
Determine: a) Debt-to-total-assets ratio b) Price-to-book ratio c) Return on common equity d) Earnings per share
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Survey of Accounting
Authors: Thomas Edmonds, Christopher Edmonds, Philip Olds, Frances McNair, Bor Yi Tsay
5th edition
1259631125, 978-1259631122
