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Question 10 [12 points] The following information is available for these companies: a) Complete the schedule. Allarco Inc. Holden Corp. Equity, December 31, 2013 $729,000

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Question 10 [12 points] The following information is available for these companies: a) Complete the schedule. Allarco Inc. Holden Corp. Equity, December 31, 2013 $729,000 $670,000 Net income 2014 451,000 854,000 Dividends during 2014 39,000 474,000 Equity, December 31, 2014 b) Calculate the return on equity for each company. ROE for Allarco Inc. = % ROE for Holden Corp. = % c) Which company realized the greater return on their equity? (Select one) realized the greater return on their equity. (Select one) Allarco Inc. Holden Corp

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