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Profitability Analysis for Casper Corp. For the year ended September 26, 2015, Casper Corporation reported net income of $2,980 million. Total shareholders' equity on this
Profitability Analysis for Casper Corp. For the year ended September 26, 2015, Casper Corporation reported net income of $2,980 million. Total shareholders' equity on this date was $19,298 million, and on September 27, 2014, it was $19,563 million. No preferred stock was outstanding in either year. Required: 1. Compute Casper's return on common stockholders' equity for the year ended September 26, 2015. Round your answer to two decimal places. 15.33 X % 2. What other ratio would you want to compute to decide whether Casper is successfully employing leverage? Return on assets ratio, because the excess of return on equity over the return on assets indicates if management has been successful in employing leverage
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