You have the following information about a firm total asset $500,000 common stock equity $150,000 ROE 12 What are the firm 's earnings available to common stock holders ...

You have the following information about a firm: total asset = $500,000; common stock equity = $150,000;

Question:

You have the following information about a firm: total asset = $500,000; equity = $150,000; ROE = 12%. What are the firm's earnings available to holders?
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...