Question
The following table contains financial statement information for Dell ($ millions) Total Assets Total Liabilities Net Income Sales 2013 $47,540 $36,839 $2,372 $56,940 2012 $44,533
The following table contains financial statement information for Dell
| ($ millions) | Total Assets | Total Liabilities | Net Income | Sales |
| 2013 | $47,540 | $36,839 | $2,372 | $56,940 |
| 2012 | $44,533 | $35,616 | $3,492 | $62,071 |
Compute the return on equity (ROE) (closest to) for 2013. (Hint: Assets=Liabilities+Stockholders' equity)
The following table contains financial statement information for Dell
| ($ millions) | Total Assets | Total Liabilities | Net Income | Sales |
| 2013 | $47,540 | $36,839 | $2,372 | $56,940 |
| 2012 | $44,533 | $35,616 | $3,492 | $62,071 |
Compute the return on equity (ROE) (closest to) for 2013. (Hint: Assets=Liabilities+Stockholders' equity)
12%
5%
24%
2.5%
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Financial And Managerial Accounting The Basis For Business Decisions
Authors: Jan Williams, Sue Haka, Mark S Bettner
13th Edition
0072942827, 978-0072942828
