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solve for return on equity. (Net Income- preferred dividends / Shareholders equity) NI: 3,331,000,000 Shareholders equity: 41,124,000,000 here is part of the income statement please
solve for return on equity. (Net Income- preferred dividends / Shareholders equity)
RETURN ON EQUITY (Net Income - Preferred Dividends / Shareholder's Equity) NI - Pref. Div. Shareholder's Equity Services \& other revenues Less: Buy-out of noncontrolling interest \begin{tabular}{|l|l} Net income used in computing net income per share of common & 3,292,000,000 \end{tabular} stock \begin{tabular}{|l|r|} \hline Weighted average shares outstanding - basic & 3,146,000,000 \\ \hline Weighted average shares outstanding - diluted & 3,468,000,000 \\ \hline Year end shares outstanding & 3,158,000,000 \\ \hline Net income (loss) per share - basic & 1.05 \\ \hline Net income (loss) per share - diluted & 0.95 \\ \hline \end{tabular} NI: 3,331,000,000
Shareholders equity: 41,124,000,000
here is part of the income statement please let me know if you need any more info.
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