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Net profit after taxes for the year 2020 = $200,000 Total Shareholders Equity = $100,000 50% of them are preferred shares with 20% profit using the law Net profit after taxes for common stockholders 100% x Ordinary Shareholders Equity

Net profit after taxes for the year 2020 = $200,000 Total Shareholders Equity = $100,000 50% of them are preferred shares with 20% profit using the law Net profit after taxes for common stockholders 100% x Ordinary Shareholders Equity

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Net profit after taxes for the year 2020 = $200,000 Total Shareholders Equity = $100,000 50% of them are preferred shares with 20% profit using the law Net profit after taxes for common stockholders 100% x Ordinary Shareholders Equity Calculate the return on the net worth of the company
Transcribed Image Text:Net profit after taxes for the year 2020 = $200,000 Total Shareholders Equity = $100,000 50% of them are preferred shares with 20% profit using the law Net profit after taxes for common stockholders 100% x Ordinary Shareholders Equity Calculate the return on the net worth of the company
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