Question
Profitability Analysis for Casper Corp. For the year ended September 29, 2012, Casper Corporation reported net income of $2,080 million. Total shareholders' equity on this
Profitability Analysis for Casper Corp.
For the year ended September 29, 2012, Casper Corporation reported net income of $2,080 million. Total shareholders' equity on this date was $18,208 million, and on September 24, 2011, it was $19,693 million. No preferred stock was outstanding in either year.
Required:
1. Compute Casper's return on common stockholders' equity for the year ended September 29, 2012. Round your answer to two decimal places. %
2. What other ratio would you want to compute to decide whether Casper is successfully employing leverage? - Select your answer -Return on stockholders' equityReturn on assetsReturn on salesAsset turnover ratio
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