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please show calculation for market value on equity be reasury STOCK Balance Simpson Inc. reported the following equity accounts in its 2019 balance sheet Stock
please show calculation for market value on equity
be reasury STOCK Balance Simpson Inc. reported the following equity accounts in its 2019 balance sheet Stock prices for the past three year ends of 2019, 2018 and 2017 are $24480, 5196.06 and 51364 respectively Sureholders (5 ml, expect par and shared 2017 2018 2017 Com per 70 000 000 50 2011030 MO 00 19 WON 200 (110 0 1 31 impin the follow 2015 2016 2017 The income statement for NJ Simpson Inc. reports the following. $ millions 2019 2018 2017 Earnings attributable to company shareholders $405 $301 $217 Consolidated net income 409 303 218 a. Compute return on equity for 2019 and 2018, under the following assumptions. Traditional definition of equity. With adding back treasury stock to equity. . Using market value of equity instead of book value. Round answers to one decimal place (ex: 0.2345 = 23.5%) ROE computation Traditional 0 % 0 % No treasury stock 09 0% Market value of equity 0.96 0 % 2019 2018 Step by Step Solution
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