You have the following information about Trisha Company: total asset = P350,000; common stock equity = P175,000; Return on Equity (ROE) = 12.5%. What is Trisha’s earnings available for common stockholders? A. P21,875 B. P43,750 C. P50,000 D. P47,632
You have the following information about Trisha Company: total asset = P350,000; common stock equity = P175,000; Return on Equity (ROE) = 12.5%. What is Trisha’s earnings available for common stockholders? A. P21,875 B. P43,750 C. P50,000 D. P47,632
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...
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You have the following information about Trisha Company: total asset =
P350,000; common stock equity = P175,000; Return on Equity (ROE) =
12.5%. What is Trisha’s earnings available for common stockholders?
A. P21,875
B. P43,750
C. P50,000
D. P47,632
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