Question
YZ Corporation's financials include: Total assets: $1,500,000 Total liabilities: $500,000 Common stock: $450,000 Preferred stock: $100,000 Retained earnings: $400,000 Net income: $200,000 Total revenues: $1,200,000
YZ Corporation's financials include:
- Total assets: $1,500,000
- Total liabilities: $500,000
- Common stock: $450,000
- Preferred stock: $100,000
- Retained earnings: $400,000
- Net income: $200,000
- Total revenues: $1,200,000
Determine: a) Debt-to-total-assets ratio b) Price-to-book ratio c) Return on common equity d) Earnings per share
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Advanced Financial Accounting
Authors: Thomas H. Beechy, V. Umashanker Trivedi, Kenneth E. MacAulay
7th edition
132928930, 978-0132928939
