Question
The following information pertains to Montague Corporation: Net Income $1,500,000 Preferred Dividends 250,000 Average Common Equity $18,000,000 Average Common Shares Outstanding 600,000 Calculate the return
The following information pertains to Montague Corporation: Net Income $1,500,000 Preferred Dividends 250,000 Average Common Equity $18,000,000 Average Common Shares Outstanding 600,000 Calculate the return on common equity AND the earnings per share (round to 2 decimal places)
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Information Technology Control And Audit
Authors: Sandra Senft, Frederick Gallegos, Aleksandra Davis
4th Edition
1439893209, 978-1439893203
