Assume the following data for Cable Corporation and Multi-Media Incorporated Multi-Media Incorporated $ 140,000 Net income Sales Total assets Total debt Stockholders' equity Cable Corporation $ 31,200 317,000 402,000 Cable Corporation Multi-Media, Incorporated 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 2,700,000 965,000 542,000 423,000 % %
Assume the following data for Cable Corporation and Multi-Media Incorporated Multi-Media Incorporated $ 140,000 Net income Sales Total assets Total debt Stockholders' equity Cable Corporation $ 31,200 317,000 402,000 Cable Corporation Multi-Media, Incorporated 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 2,700,000 965,000 542,000 423,000 % %
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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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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