Concept introduction:
Return on Equity:
Return on Equity is the
The Average stock holder’s equity calculated with the help of following formula:
Basic Earnings per share:
The Basic Earnings per share is the amount of net income earned by each common share outstanding. The Earnings per share calculated by with help of following formula:
To calculate:
The Return on Equity and Earnings per share.
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Cornerstones of Financial Accounting
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