Question
the following information pertains to Montague Corporation: Net Income = $1,500,000 Average Common Equity = $18,000,000 Preferred Dividends = $250,000 Average Common Shares Outstanding =
the following information pertains to Montague Corporation:
Net Income = $1,500,000 Average Common Equity = $18,000,000 Preferred Dividends = $250,000 Average Common Shares Outstanding = $600,000
Calculate the return on common equity And the earnings per share (round to 2 places)
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Auditing And Assurance Services
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Strawser
2nd Edition
0073128244, 9780073128245
