
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Computing
Wyler, Inc.’s 2018
Net income for 2018 was $3,690. Compute Wyler’s rate of return on common stockholders’ equity for 2018.

Transcribed Image Text:WYLER, INC.
Balance Sheet
As of December 31, 2018, and December 31, 2017
December 31, 2018
December 31, 2017
$ 39,600
$ 33,462
Total Assets
Total Liabilities
17,100
14,962
Total Stockholders' Equity (all common)
22,500
18,500
Total Liabilities and Stockholders' Equity
$ 39,600
$ 33,462
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