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MNO Corporation's financials include: Total assets: $2,000,000 Total liabilities: $900,000 Common stock: $700,000 Preferred stock: $180,000 Retained earnings: $600,000 Net income: $450,000 Total revenues: $1,800,000
MNO Corporation's financials include:
- Total assets: $2,000,000
- Total liabilities: $900,000
- Common stock: $700,000
- Preferred stock: $180,000
- Retained earnings: $600,000
- Net income: $450,000
- Total revenues: $1,800,000
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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Financial and Managerial Accounting
Authors: Belverd E. Needles, Marian Powers, Susan V. Crosson
9th edition
1439037809, 978-1439037805
