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The following information is available for these companies: a) Complete the schedule. Vision Consulting Inc.Benson Inc.Equity, December 31, 2013$487,000$554,000Net income 2014230,000726,000Dividends during 201484,000394,000Equity, December 31,
The following information is available for these companies: a) Complete the schedule.
Vision Consulting Inc.Benson Inc.Equity, December 31, 2013$487,000$554,000Net income 2014230,000726,000Dividends during 201484,000394,000Equity, December 31, 2014
b) Calculate the return on equity for each company.
ROE for Vision Consulting Inc. = %ROE for Benson Inc. = %
c) Which company realized the greater return on their equity?
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