Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Assume the following data for Cable Corporation and Multi-Media Incorporated
Net income
Sales
Total assets
Total debt
Stockholders' equity
Cable
Corporation
Cable Corporation
Multi-Media, Incorporated
$ 31,200
317,000
402,000
163,000
239,000
a. 1. Compute return on stockholders' equity for both firms.
Note: Input your answers as a percent rounded to 2 decimal places.
Return on
Stockholders'
Equity
do do
%
$
%
Multi-Media
Incorporated
$ 140,000
2,700,000
965,000
542,000
423,000
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Transcribed Image Text:Assume the following data for Cable Corporation and Multi-Media Incorporated Net income Sales Total assets Total debt Stockholders' equity Cable Corporation Cable Corporation Multi-Media, Incorporated $ 31,200 317,000 402,000 163,000 239,000 a. 1. Compute return on stockholders' equity for both firms. Note: Input your answers as a percent rounded to 2 decimal places. Return on Stockholders' Equity do do % $ % Multi-Media Incorporated $ 140,000 2,700,000 965,000 542,000 423,000
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