At June 1, Sandhill Co had total assets of $40,200 and total liabilities of $15,050. Calculate each of the following amounts. 1. If total assets increased $11,800 in June and total liabilities decreased $5,250, what is the amount of stockholders' equity at June 30? Stockholders' equity, June 30 $ 2. During the year, total liabilities decreased $3,150 and stockholders' equity increased $4,450 in June. What is the amount of total assets at June 30? Total assets, June 30 $

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Financial Ratios

A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.

Return on Equity

The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.