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Question 1 of 3 -/3 View Policies Current Attempt in Progress Riverbed Corp decided to issue common stock and used the $360,000 proceeds to redeem
Question 1 of 3 -/3 View Policies Current Attempt in Progress Riverbed Corp decided to issue common stock and used the $360,000 proceeds to redeem all of its outstanding bonds on January 1, 2017. The following information is available for the company for 2017 and 2016. Net income Dividends declared for preferred stockholders Average common stockholders' equity Total assets Current liabilities Total liabilities 2017 $ 197,500 6,500 1,248,000 1,572,000 127.000 324,000 2016 $ 153,000 6,500 783,000 1.212,000 127,000 429,000 (a) Compute the return on common stockholders equity for both years. (Round answers to 1 decimal place, es 12.5%) 2016 2017 Return on common stockholders' equity ratio here to search Question 1 of 3 (a) Compute the return on common stockholders' equity for both years. (Round answers to 1 decimal place, eg. 12.5%) 2017 2016 Return on common stockholders' equity ratio % (c1) Compute the debt to assets ratio for both years. (Round answers to 1 decimal place, eg. 12.5%) 2017 2016 Debt to assets ratio 96 e Textbook and Media Savefor Later Attempts: 0 of 3 used Submit Al here to search DELL
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