Return on Common Equity Assignment
February 24th, 2020
2005 2004
Operating assets 10500 1000
Short term debt 1000 1000
long term debt 3500 3000
minority interest 500 450
common equity 5500 5000
operating income 1350
interest expense 350
tax expense (40%) 400
Minority interest 50
net income 550
sorry tying to fix the layout, Return on common equity for year 2005 is
11.42% | ||
10.0% | ||
11.0% | ||
10.47% |
.