Question
MNO Corporation's financials include: Total assets: $700,000 Total liabilities: $300,000 Common stock: $200,000 Preferred stock: $50,000 Retained earnings: $150,000 Net income: $90,000 Total revenues: $400,000
MNO Corporation's financials include:
- Total assets: $700,000
- Total liabilities: $300,000
- Common stock: $200,000
- Preferred stock: $50,000
- Retained earnings: $150,000
- Net income: $90,000
- Total revenues: $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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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
7th Canadian edition
1119368456, 978-1119211587, 1119211581, 978-1119320623, 978-1119368458
